Stocks That Hit 52-Week Lows On Tuesday
During Tuesday's session, 454 stocks hit new 52-week lows.
12 Consumer Staples Stocks Moving In Monday’s After-Market Session
Gainers
Eastside Distilling (NASDAQ:EAST) shares rose 9.1% to $1.05 during Monday's after-market session. The company's market cap stands at $16.6 million.
63 Biggest Movers From Yesterday
Gainers
Tenneco Inc. (NYSE: TEN) shares surged 93.9% to close at $19.35 on Wednesday after the company announced it will be acquired by Apollo Funds. Tenneco also reported a Q4 loss of $0.11 per share.
Dingdong Slows Down Spending, Dangles Prospect Of Profits
Key Takeaways:
Dingdong’s revenue growth slowed to 72% in the fourth quarter, down from 111% and 78% in the third and second quarters, respectively
Leading online grocer also reined in its spending, helping pare its quarterly net loss by 12% as it talked of profitability ‘soon’.
By Doug Young
UPDATE: Dingdong (Cayman) Q4 Adj. EPS $(0.75) Beats $(0.92) Estimate, Sales $860.48M Beat $844.83M Estimate
Dingdong (Cayman) (NYSE:DDL) reported quarterly losses of $(0.75) per share which beat the analyst consensus estimate of $(0.92) by 18.48 percent. The company reported quarterly sales of $860.48 million which beat the
60 Biggest Movers From Yesterday
Gainers
US Ecology, Inc. (NASDAQ: ECOL) shares surged 67.7% to close at $47.25 on Wednesday after Republic Services reported it will buy the company at $48 per share in cash.
Missfresh Tries To Tempt Investors With Value-Added Offerings
Key takeaways:
• Missfresh has launched a series of value-added initiatives in its bid to achieve profitability by selling more higher-margin products outside its core online grocery business
• Company’s stock is down more than 70% since its debut in the U.S. last June
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
52 Biggest Movers From Yesterday
Gainers
Zogenix, Inc. (NASDAQ: ZGNX) shares surged 65.7% to close at $25.92 on Wednesday after the company announced it will be acquired by UCB for approximately $1.9 billion.