26 Stocks Moving in Monday’s Pre-Market Session
Gainers
ERYTECH Pharma S.A. (NASDAQ: ERYP) shares rose 88.4% to $2.30 in pre-market trading. Erytech Pharma recently announced publication of results from Eryapasse Phase 2 trial as treatment for hypersensitive ALL in the British Journal of Haematology.
Cango Shifts Gears Into Macro Headwinds, With Eye on NEVs and Car Services
Key Takeaways:
Cango reported its fourth-quarter revenue rose sequentially but was down slightly from a year ago, as its newer car-trading services took up a larger portion of the total
Company faces a number of macroeconomic headwinds, including pandemic restrictions and a chip shortage that has dampened new car sales worldwide
By Doug Young
Earnings Outlook For Cango
Cango (NYSE:CANG) is set to give its latest quarterly earnings report on Thursday, 2022-03-10. Here's what investors need to know before the announcement.
Analysts estimate that Cango will report an earnings per share (EPS) of $0.21.
CANG: Initiating Coverage – Fintech Car Purchase Transactions Online Platform in China with Dealer Network for Car Trading, Financing, Connecting Buyers, OEMs
By T. Moore, CFA
NYSE:CANG
READ THE FULL CANG RESEARCH REPORT
IPO-Bound Tuhu Searches for Profits in Aftermarket Car Services
Key takeaways:
Tuhu has filed for an IPO in Hong Kong, after reportedly abandoning its original plan to raise up to $400 million through a U.S. listing
Intense competition in the aftermarket car services industry has kept the company firmly in the red, as it eyes new energy vehicles to turn the tide
By Ken Lo
New Energy Lands as Hottest Category Among Chinese Concept Stocks in 2021 – Bamboo Works Special Report
Investors kept a close look at China’s solar and wind power stocks last year, but were least interested in the hobbled education sector
By Bamboo Works team