48 Stocks Moving In Friday’s Mid-Day Session
Gainers
Belite Bio Inc. ADR (NASDAQ: BLTE) shares surged 144.8% to $14.69. Belite Bio priced its 6 million ADS IPO at $6 per ADS.
Peering Into Pinduoduo Inc – American Depositary Shares’s Recent Short Interest
Pinduoduo Inc - American Depositary Shares's (NASDAQ:PDD) short percent of float has risen 3.08% since its last report. The company recently reported that it has 24.87 million shares sold short, which is 2.01% of all regular shares that are available for trading.
Why Pinduoduo Shares Are Falling
Shares of Chinese companies, including Pinduoduo Inc - ADR (NASDAQ: PDD), are trading lower as investors assess the economic impact of a surge in COVID cases in China.
With Founder Fading Out, JD.com Moves to Collective Leadership
Key takeaways:
JD.com’s founder Richard Liu is stepping down from his CEO role but will remain as the company’s chairman focused on long-term strategy
Some analysts believe China internet companies face greater risk from regulation at home and abroad than from changes in their top ranks
By Ken Lo
10 Consumer Discretionary Stocks With Whale Alerts In Today’s Session
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Why Alibaba, Nio And Pinduoduo Shares Are Falling Today
Alibaba Group Holding Ltd (NYSE: BABA), NIO Inc (NYSE: NIO) and Pinduoduo Inc (NASDAQ: PDD) shares are trading lower Thursday
Dingdong, Missfresh Surge on Booming Business During Covid Lockdowns
Key Takeaways:
Investors may be growing more bullish on Dingdong and Missfresh as recent Covid-related lockdowns drive more consumers to buy groceries online
Both companies trade at relatively low valuations, even after big stock gains this week, as analysts remain bullish on the pair
By Doug Young
10 Consumer Discretionary Stocks With Whale Alerts In Today’s Session
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
35 Stocks Moving In Monday’s Mid-Day Session
Gainers
Aterian, Inc. (NASDAQ: ATER) shares jumped 43.5% to $3.3457. Aterian said Cynthia Williams has joined the Company's Board of Directors.