Why Chinese Stocks Like XPeng and Dada Nexus Were on Fire Today [Yahoo! Finance]
Dada Nexus Limited - American Depositary Shares (DADA)
Company Research
Source: Yahoo! Finance
That was the dynamic behind the widespread rise of Chinese stocks on Tuesday following the announcement of a package of measures aimed at juicing that massive economy. Investors clearly weren't all that picky about the stocks they piled into to take advantage of this stimulus plan. Electric vehicle (EV) makers Xpeng (NYSE: XPEV) and Nio (NYSE: NIO) both saw their American depositary receipts (ADRs) close the day nearly 12% higher, while delivery company Dada Nexus 's (NASDAQ: DADA) American depositary shares (ADSs) rose by almost 14%. Outpacing all three was job-recruiting platform developer Kanzhun (NASDAQ: BZ) , with a more-than 19% increase. Top-down measures While certain top-down government initiatives have been rolled out in the U.S. and in other Western markets, they are relatively uncommon (and tend to be enacted only in crises). The Chinese government is more heavy-handed and interventionist, and is often willing to impose programs on the country in order to boost the e
Show less
Read more
Impact Snapshot
Event Time:
DADA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DADA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DADA alerts
High impacting Dada Nexus Limited - American Depositary Shares news events
Weekly update
A roundup of the hottest topics
DADA
News
- China-related stocks give back gain due to lack of details on stimulus measures [Seeking Alpha]Seeking Alpha
- Why Dada Nexus Stock Was Gaining Again Today [Yahoo! Finance]Yahoo! Finance
- Dada Nexus Limited (NASDAQ: DADA) was upgraded by analysts at Daiwa America to a "hold" rating.MarketBeat
- Dada Nexus Limited (NASDAQ: DADA) is now covered by analysts at Daiwa Capital Markets. They set a "neutral" rating on the stock.MarketBeat
- Dada Nexus Limited (NASDAQ: DADA) was upgraded by analysts at Citigroup Inc. from a "sell" rating to a "neutral" rating. They now have a $1.50 price target on the stock, up previously from $1.00.MarketBeat
DADA
Sec Filings
- 9/16/24 - Form 6-K
- 9/16/24 - Form SC
- 9/16/24 - Form SC
- DADA's page on the SEC website