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
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.
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GDS Holdings (NASDAQ:GDS) has outperformed the market over the past 5 years by 23.41% on an annualized basis producing an average annual return of 37.13%. Currently, GDS Holdings has a market capitalization of $7.92 billion.
GDS Holdings (NASDAQ:GDS) reported quarterly losses of $(0.30) per share which missed the analyst consensus estimate of $(0.18) by 66.67 percent. This is a 15.38 percent decrease over losses of $(0.26) per share from the
GDS Holdings (NASDAQ:GDS) is set to give its latest quarterly earnings report on Tuesday, 2022-03-22. Here's what investors need to know before the announcement.
Analysts estimate that GDS Holdings will report an earnings per share (EPS) of $-0.18.