Previous close | 41.64 |
Open | 42.40 |
Bid | 42.80 x 900 |
Ask | 43.00 x 1300 |
Day's range | 41.40 - 44.38 |
52-week range | 14.60 - 61.27 |
Volume | 1,891,342 |
Avg. volume | 2,421,240 |
Market cap | 10.045B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 19 Nov 2020 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 46.12 |
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.
Dada (DADA) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.