|Bid||36.87 x 800|
|Ask||36.98 x 800|
|Day's range||36.43 - 39.97|
|52-week range||14.60 - 61.27|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||19 Nov 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||48.68|
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today.
Shares of recently IPO'ed Chinese online grocer Dada Nexus (NASDAQ: DADA) crashed in response to news of a secondary offering that will further dilute its shareholders Thursday. In 3 p.m. EST trading, Dada Nexus stock is trading down 15%. Dada Nexus actually told investors back on Monday that it was planning to float 9 million American Depositary Shares (ADSs), representing 36 million shares of ordinary common stock.
Shares of Dada Nexus (NASDAQ: DADA) are soaring nearly 30% higher in morning trading Friday, after the Chinese delivery logistics and retail platform operator reported third-quarter earnings following Thursday's market close. The market's reaction to the report seems to be the polar opposite of what occurred after Dada Nexus reported its second-quarter results, which were nearly as strong as those recorded this time around.