88 Biggest Movers From Yesterday
Gainers
Creatd, Inc. (NASDAQ: CRTD) shares jumped 58.5% to close at $1.28 on Thursday. Creatd’s board approved a rights offering of up to $40 million for 20 million shares at $2 per unit.
21 Stocks Moving in Wednesday’s Pre-Market Session
Gainers
The Singing Machine Company, Inc. (NASDAQ: MICS) shares rose 47.3% to $4.05 in pre-market trading.
VNET Group Q1 EPS $(0.02) Up From $(0.12) YoY, Sales $259.60M Miss $275.73M Estimate
VNET Group (NASDAQ:VNET) reported quarterly losses of $(0.02) per share. This is a 83.33 percent increase over losses of $(0.12) per share from the same period last year. The company reported quarterly sales of $259.60
Earnings Scheduled For May 24, 2022
Companies Reporting Before The Bell
• Elbit Systems (NASDAQ:ESLT) is estimated to report quarterly earnings at $1.89 per share on revenue of $1.26 billion.
Chindata Potentially Up for Sale as M&A Heats Up in China Data Centers
Key Takeaways:
Data center operators GDS and EdgeConneX have reportedly expressed interest in making bids for Chindata
Chindata’s control by U.S. private equity giant Bain and the recent departure of its founder may make it ripe for such a buyout
By Doug Young
VNET Finally Gets Some Respect from Unsolicited Suitor
Key Takeaways:
VNET has received an unsolicited buyout offer that is 50% higher than its previous stock price, sparking a 30% surge in its shares
Company is the relative laggard among China’s three major independent data center operators despite its status as the oldest of the group
By Doug Young
Why VNET Shares Are Surging Today
VNET Group Inc (NASDAQ:VNET) bagged an unsolicited and preliminary all-cash buyout offer. The Hina Group and Industrial Bank Co., Ltd., Shanghai…
12 Information Technology Stocks Moving In Monday’s Pre-Market Session
Gainers
Iveda Solutions (NASDAQ:IVDA) shares rose 38.5% to $3.02 during Monday's pre-market session. The market value of their outstanding shares is at $34.9 million.