![]() He writes for InvestorPlace’s Today’s Market team, which centers on the latest news involving popular stocks. The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines.Įddie Pan specializes in institutional investments and insider activity. On the date of publication, Eddie Pan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. Shift Technologies (SFT) announced that it will effect a 1-for-10 reverse stock split of its Class A common stock, par value 0.0001 per share, effective Mar.8, 2023.It will continue. Based on a float of 23.25 million shares, short interest as a percentage of float would tally in at a low 1.1%. (CCGT) lock-in continued emissions, as they displace and discourage additional renewables in the electricity system. Barron’s reports that 266,260 shares were sold short as of Dec. Meanwhile, HKD shareholders calling for a short squeeze may have to wait a bit longer. ![]() “AMTD serves as a super connector and digital accelerator for Asia-based entrepreneurs and corporates by connecting them to resources and technologies and providing them with access to our unique AMTD SpiderNet ecosystem.” In addition, the platform is a part of AMTD’s SpiderNet Ecosystem, which encompasses industry organizations, Asia’s tycoon families, capital support, academic institutions, and industry leaders. During that period those companies used 54 of their. (the 'Company') received a written notice (the 'Notice') from the Listing Qualifications Department (the 'Staff') of The Nasdaq Stock Market LLC ('Nasdaq') notifying the Company that, for the last 30 consecutive business days, the bid price. On October 4, 2022, Shift Technologies, Inc. Its platform services include finance, media, marketing, and investments. Consider the 449 companies in the S&P 500 index that were publicly listed from 2003 through 2012. Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard Transfer of Listing. So, what exactly does the company do? The company characterizes itself as a one-stop digital solutions platform that serves areas in Asia. Since then, all of the losses have been recovered. 12, the day after the lockup, HKD fell lower by 16% to $11.17. Based on the press release, it appears that the insiders did not, and will not, sell their shares until August 2024. However, a lockup expiration does not mean that insiders will sell rather it means that insiders can sell. These shares would be priced at $7.80 a piece with a total value of $124.8 million. Nasdaq had previously reported that 16 million shares could hit the market following a lockup expiration on Jan. HKD Stock: Executives Promise (Again) Not to Sell Stock Before August 2024 ![]() Today, the market capitalization is around $2 billion. A low float of 23.25 million shares may have contributed to the significant volatility. Shares of the company surged as much as 21,000% higher to a market capitalization of $310 billion. ![]() (Nasdaq: SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience, has closed its merger with CarLotz, Inc. HKD held its initial public offering (IPO) in July 2021. 09, 2022 (GLOBE NEWSWIRE) - Shift Technologies, Inc. This comes after the digital solutions company reaffirmed in a press release that executives, including AMTD Group (NYSE:AMTD) Chairman Calvin Choi, would not sell any shares of HKD stock on the open market before August 2024. Aside from driving traffic (no puns intended) to Carvana or competitors, what's the point? Only Vroom has worse commercials: SELL.Shares of AMTD Digital (NYSE:HKD) surged higher by as much as 23% during intraday trading before closing higher by 10%. The advertisements attempt to convince users that buying a used car saves money as though rapid depreciation isn't something consumers are aware of. Hire a damned consultant and fire whoever is in charge of your current website design and implementation. Clearly nobody competent has reviewed that site. The Shift website sucks beyond imagination in terms of presenting clear information over and above vehicle search. ![]() Why not offer the same warranty and tack on that delta to the asking price? Maybe they have no such data, in which case: SELL. Hopefully SFT has access to a database and some software that can spit out the cost delta between 100 versus 30 day warranties. The price of CVNA versus VRM or SFT shares appears to be tied to sales volume: 200K, 35K and 10K respectively.ĬVNA has a 100 day or 4K mile warranty versus 30 day or 1K mile warranty from both Shift and Vroom. ![]()
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