La vendita allo scoperto per Cenntro dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di Cenntro. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

Cenntro (NASDAQ:CENN) Azioni, Report sulle vendite allo scoperto

Cenntro

Cenntro Inc is a designer, manufacturer, distributor, and service provider of commercial vehicles. Its vehicles include Metro, Logistar 400, Logistar 200, Neibor 200, and ORV. The company's geographical segments include Europe, America, and Asia.

Cenntro Inc

CENNZnet

Outset Medical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OM#NASDAQ">OM</a>) raises FY2024 sales outlook from $110.00 million to $112.00 million.

News

Guidance

Outset Medical Raises FY2024 Sales Guidance from $110.00M to $112.00M

Shares of Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) surged close to 20% on Wednesday following Donald Trump's victory in the U.S. presidential election. Here&#8217;s <a href="https://www.benzinga.com//node/41784504">what you need to know.</a>
What To Know: Investors are expecting less regulation, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41792455/jpmorgan-bank-of-america-and-wells-fargo-shares-surged-wednesday-heres-why">reduced oversight</a> from agencies like the Consumer Financial Protection Bureau (CFPB) with Trump set to return to the White House, per <a href="https://www.cnbc.com/2024/11/05/stock-market-today-live-updates.html">CNBC</a>.
"Trump is viewed as supporting lower corporate tax rates, deregulation, and industrial policies that favor domestic growth, all of which could provide more stimulus to the U.S. economy and benefit risk assets,&#8221; Marc Pinto, head of Americas equities at Janus Henderson, said in a new note.
The dollar index rose to its highest level since July, as investors believe Trump's proposed tariffs could strengthen the U.S. dollar. Meanwhile, the 10-year Treasury yield climbed to about 4.43%, driven by anticipation that Trump's potential tax cuts and spending plans could boost economic growth, but increase the fiscal deficit and lead to higher inflation.
Robinhood shares may have also gotten a boost on Wednesday thanks to strong overnight trading activity and election contracts data.
The company reported its <a href="https://www.benzinga.com/fintech/24/11/41783293/robinhood-reports-record-overnight-trading-volume-400-million-2024-election-contracts-traded">largest overnight session</a> since launching its 24-hour market, with trading volumes around 11 times higher than the company&#8217;s average overnight volume. 
Check This Out: <a href="https://www.benzinga.com/fintech/24/11/41783293/robinhood-reports-record-overnight-trading-volume-400-million-2024-election-contracts-traded">Robinhood Reports Record Overnight Trading Volume, 400 Million 2024 Election Contracts Traded</a>
Overnight trading volumes included election contracts, which hit a milestone of 400 million contracts traded. More than 500,000 Robinhood users took part in election contract trading, according to the company.
Robinhood stock also traded higher alongside several crypto-related stocks on Wednesday. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) climbed to new all-time highs above $75,000, which sent crypto-linked stocks racing higher. Trump had positioned himself as a pro-crypto candidate.
Hood Price Action: Robinhood shares closed Wednesday up 19.6% at $29.86, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
Read Next:
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<li><a href="https://www.benzinga.com/markets/cannabis/24/11/41785036/elon-musk-and-joe-rogan-criticize-psychedelics-and-big-pharmas-legacy-of-profit-over-public-heal">Elon Musk And Joe Rogan Criticize Psychedelics And Big Pharma&#8217;s Legacy Of Profit Over Public Health</a></li>
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Image via Shutterstock.

Movers

$BTC

HOOD

Robinhood Markets Stock Jumped 20% On Wednesday: What Happened?

OTC Markets Gr (OTC:<a class="ticker" href="https://www.benzinga.com/stock/OTCM#OTC">OTCM</a>) reported quarterly earnings of $0.89 per share which beat the analyst consensus estimate of $0.60 by 48.33 percent. The company reported quarterly sales of $26.634 million which missed the analyst consensus estimate of $27.074 million by 1.63 percent. This is a 1.53 percent increase over sales of $26.232 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

OTCM

OTC Markets Gr Q3 2024 Adj. EPS $0.89 Beats $0.60 Estimate, Sales $26.634M Miss $27.074M Estimate

LegalZoom.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LZ#NASDAQ">LZ</a>) narrows FY2024 sales outlook from $675.00 million-685.00 million to $678.00 million-682.00 million.

LegalZoom.com Narrows FY2024 Sales Guidance from $675.00M-685.00M to $678.00M-682.00M

LegalZoom.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LZ#NASDAQ">LZ</a>) sees Q4 sales of $158.000 million-162.000 million vs $161.47 million estimate.

LegalZoom.com Sees Q4 Sales $158.000M-162.000M vs $161.47M Est

LegalZoom.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LZ#NASDAQ">LZ</a>) reported quarterly earnings of $0.17 per share which beat the analyst consensus estimate of $0.15 by 13.33 percent. The company reported quarterly sales of $168.599 million which beat the analyst consensus estimate of $167.472 million by 0.67 percent. This is a 0.79 percent increase over sales of $167.274 million the same period last year.

LegalZoom.com Q3 2024 Adj. EPS $0.17 Beats $0.15 Estimate, Sales $168.599M Beat $167.472M Estimate

Laird Superfood (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/LSF#AMEX">LSF</a>) reported quarterly earnings of $0.02 per share which beat the analyst consensus estimate of $(0.07) by 128.57 percent. The company reported quarterly sales of $11.776 million which beat the analyst consensus estimate of $10.479 million by 12.38 percent. This is a 28.28 percent increase over sales of $9.180 million the same period last year.

Laird Superfood Q3 2024 Adj. EPS $0.02 Beats $(0.07) Estimate, Sales $11.776M Beat $10.479M Estimate

Sports betting and online gaming company DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>) could highlight early results from the 2024 NFL season and new state legalizations when the company reports third-quarter financial results Thursday<a href="https://www.benzinga.com/earnings"> after market close.</a>
Earnings Estimates: Analysts expect the company to report third-quarter revenue of $1.11 billion, up from last year's third-quarter total of $789.96 million according to data <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent110624&amp;t=be2bearmibe3na1">from Benzinga Pro.</a>
The company missed analyst estimates for revenue for the second quarter and two of the past three quarters, but has beaten analyst estimates for revenue in eight of the last 10 quarters overall.
Analysts expect DraftKings to report a loss of 42 cents per share in the third quarter, compared to a loss of 35 cents per share in last year's third quarter. The company has beaten analyst estimates for earnings per share in 10 straight quarters.
Read Also: <a href="https://www.benzinga.com/general/politics/24/11/41725070/draftkings-offers-10k-in-prizes-for-2024-election-predictions-harris-trump-swing-state-performan">DraftKings Offers $10K In Prizes For 2024 Election Predictions: Harris, Trump Swing State Performance Among Key Questions</a>
What Analysts Are Saying: Strong market share in the sports betting space and the potential to surprise with updated financial guidance has Bank of America analyst Shaun C. Kelley bullish on DraftKings <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41589183/draftkings-stock-to-hit-new-52-week-highs-bullish-analyst-on-2025-guidance-upside-o">ahead of the earnings report.</a>
The analyst, who has a Buy rating and $50 price target, recently said revenue flowthrough for the second half of the fiscal year could be better than expected and "protect" EBITDA for fiscal 2024.
"We expect top-line growth in the fourth quarter to come in slightly below guidance driven by unfavorable hold and challenging iGaming comps," Kelley said.
The analyst said DraftKings could also show its hold expansion similar to peer FanDuel with lower promotional spending activity.
Concerns for DraftKings in the third quarter include slower app downloads and unfavorable NFL game outcomes, Kelley added.
A near duopoly of the online sports betting space for DraftKings and FanDuel owner Flutter Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLUT#NYSE">FLUT</a>) <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40985921/flutter-analyst-sees-significant-earnings-power-with-growing-duopoly-sports-betting">was highlighted by </a>Needham analyst Bernie McTernan recently.
McTernan said the total addressable market size of the U.S. online sports betting market could "continue to surprise to the upside."
&#8220;Scale and commitment to product leadership from FanDuel and DKNG likely keeps the OSB market dominated by these two players," McTernan said.
A Needham survey revealed that sports bettors primarily use FanDuel and DraftKings.
&#8220;We think share can continue to ebb and flow between FanDuel and DKNG as we do not see a physical network effect in OSB meaning there is not a structural reason for dominant market share leader like digital marketplaces.&#8221;
McTernan said unless the market structure in the U.S. changes, it&#8217;s &#8220;FanDuel and DKNG at the top and then everyone else.&#8221;
FanDuel (37.8%) and DraftKings (34.8%) had a combined 73% market share in 2023. BetMGM ranks a distant third at 8.6% market share.
In the second quarter of 2024, FanDuel had a market share of 37.3% with DraftKings at 37.0%. Both BetMGM and fourth-place Caesars had lower market share in the first two quarters of 2024 compared to 2023.
Key Items to Watch: DraftKings quarterly financial results come after the start of the 2024 NFL season, which is one of the most bet on sports in the U.S. and a key to revenue and earnings for the company in the fourth quarter.
Guidance from the company and early commentary on the NFL season will be closely watched by investors.
The company<a href="https://www.benzinga.com/news/earnings/24/08/40116073/draftkings-q2-earnings-highlights-sports-betting-company-launches-1-billion-buyback-misses-on-reven"> announced an inaugural</a> $1 billion share buyback in the second quarter. Investors and analysts will be watching to see if any shares were bought during the third quarter.
DraftKings acquisition of Jackpocket led to lower average revenue per monthly unique paying customer in the second quarter and could be an area to watch for investors and analysts.
As of July 25, DraftKings is live with mobile sports betting in 25 states and Washington, D.C., representing 49% of the U.S. population.
The company is live with iGaming in five states.
On Tuesday, voters in Missouri approved sports betting, becoming the 39th state to legalize. There is no current timetable on when the state will be live, but DraftKings and FanDuel supported the ballot proposal.
Missouri is the 18th most populous state and fourth-largest state that has not yet legalized sports betting, according to a report from <a href="https://www.sportico.com/business/sports-betting/2024/missouri-sports-betting-ballot-measure-caesars-draftkings-fanduel-1234803926/">Sportico</a>.
DraftKings previously said there were 10 jurisdictions representing 12% of the U.S. population that have introduced legislation or introduced a bill for a referendum to legalize mobile sports betting.
An update on the timetable in Missouri and where other states stand could come from the company on Thursday.
DKNG Price Action: DraftKings stock was up 4.94% to $38.25 on Wednesday at market close versus a 52-week trading range of $28.69 to $49.57. DraftKings stock is up 14% year-to-date in 2024.
Read Next: 
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41402089/goldman-sachs-highlights-20-top-short-squeeze-opportunities-for-q3-earnings-season">Goldman Sachs Highlights 20 Top Short-Squeeze Opportunities For Q3 Earnings Season</a></li>
</ul>
Photo: Shutterstock

Analyst Color

Sports Betting

Previews

Analyst Ratings

Trading Ideas

DKNG

FLUT

DraftKings Q3 Earnings Highlights: NFL In Focus, Will Missouri Legalization Factor Into Guidance?

CDMO

Trading Halt: Halt status updated at 6:30:00 PM ET: Quotation Resumption: News and Resumption Times

Redwire (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDW#NYSE">RDW</a>) reported quarterly losses of $(0.37) per share which missed the analyst consensus estimate of $(0.14) by 164.29 percent. This is a 164.29 percent decrease over losses of $(0.14) per share from the same period last year. The company reported quarterly sales of $68.638 million which missed the analyst consensus estimate of $70.514 million by 2.66 percent. This is a 9.62 percent increase over sales of $62.612 million the same period last year.

Redwire Q3 2024 GAAP EPS $(0.37) Misses $(0.14) Estimate, Sales $68.638M Miss $70.514M Estimate

Viemed Healthcare (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VMD#NASDAQ">VMD</a>) reported quarterly earnings of $0.10 per share which beat the analyst consensus estimate of $0.07 by 42.86 percent. This is a 42.86 percent increase over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $58.004 million which beat the analyst consensus estimate of $57.150 million by 1.49 percent. This is a 17.41 percent increase over sales of $49.402 million the same period last year.

Viemed Healthcare Q3 2024 GAAP EPS $0.10 Beats $0.07 Estimate, Sales $58.004M Beat $57.150M Estimate

Genworth Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNW#NYSE">GNW</a>) reported quarterly earnings of $0.11 per share which missed the analyst consensus estimate of $0.19 by 42.11 percent. This is a 22.22 percent increase over earnings of $0.09 per share from the same period last year. The company reported $1.88 billion in sales this quarter. This is a 2.68 percent increase over sales of $1.83 billion the same period last year.

Genworth Finl Q3 Adj $0.11 Misses $0.19 Estimate, Sales $1.88B Up From $1.83B YoY

Park-Ohio Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PKOH#NASDAQ">PKOH</a>) reported quarterly earnings of $1.07 per share which beat the analyst consensus estimate of $0.89 by 20.22 percent. The company reported quarterly sales of $417.600 million which missed the analyst consensus estimate of $438.700 million by 4.81 percent. This is a 0.29 percent decrease over sales of $418.800 million the same period last year.

PKOH

Park-Ohio Hldgs Q3 2024 Adj. EPS $1.07 Beats $0.89 Estimate, Sales $417.600M Miss $438.700M Estimate

Liberty Latin America (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LILA#NASDAQ">LILA</a>) reported quarterly losses of $(2.22) per share which missed the analyst consensus estimate of $0.05 by 4540 percent. The company reported quarterly sales of $1.089 billion which missed the analyst consensus estimate of $1.128 billion by 3.44 percent. This is a 3.29 percent decrease over sales of $1.126 billion the same period last year.

LILA

Liberty Latin America Q3 2024 GAAP EPS $(2.22) Misses $0.05 Estimate, Sales $1.089B Miss $1.128B Estimate

Gold production in 2025 is expected to increase significantly relative to 2024 as a result of the scheduled mining and processing of higher-grade ore from the Fekola and Cardinal pits made accessible by the meaningful stripping campaign that has been undertaken throughout 2024, the expected full year of contribution from Fekola Regional, which is anticipated to contribute between 80,000 and 100,000 ounces of additional production, and commencement of mining the higher-grade Fekola underground (subject to receipt of necessary permits for Fekola Regional and Fekola underground).

B2Gold Expects Total Gold Production For 2024 To Be Towards Low End Of Guidance Range Of 800,000 - 870,000 Ounces; Expects Gold Production In 2025 To Increase Significantly Relative To 2024

OrthoPediatrics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KIDS#NASDAQ">KIDS</a>) raises FY2024 sales outlook from $200.00 million-203.00 million to $202.00 million-204.00 million.

KIDS

OrthoPediatrics Raises FY2024 Sales Guidance from $200.00M-203.00M to $202.00M-204.00M

Montrose Environmental Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEG#NYSE">MEG</a>) reported quarterly earnings of $0.41 per share which beat the analyst consensus estimate of $0.35 by 17.14 percent. This is a 32.26 percent increase over earnings of $0.31 per share from the same period last year. The company reported quarterly sales of $178.69 million which missed the analyst consensus estimate of $185.47 million by 3.66 percent. This is a 6.40 percent increase over sales of $167.94 million the same period last year.

Montrose Environmental Gr Q3 Adj $0.41 Beats $0.35 Estimate, Sales $178.69M Miss $185.47M Estimate

B2Gold (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BTG#AMEX">BTG</a>) reported quarterly earnings of $0.02 per share which missed the analyst consensus estimate of $0.05 by 60 percent. This is a 60 percent decrease over earnings of $0.05 per share from the same period last year. The company reported quarterly sales of $448.23 million which beat the analyst consensus estimate of $444.81 million by 0.77 percent. This is a 6.21 percent decrease over sales of $477.89 million the same period last year.

B2Gold Q3 2024 Adj EPS $0.02 Misses $0.05 Estimate, Sales $448.23M Beat $444.81M Estimate

Lower than expected gold production at Candelaria and slower ramp-ups at newly contributing mines have resulted in fewer Precious Metal GEOs than originally anticipated. In addition, record gold prices in the current year have impacted the conversion of non-gold revenue into GEOs.&nbsp;

Franco-Nevada Expects Full-year 2024 Revenue To Be $1.05B - $1.15B, Est $1.127B

Trinseo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSE#NYSE">TSE</a>) reported quarterly losses of $(1.62) per share which missed the analyst consensus estimate of $(1.47) by 10.2 percent. This is a 57.28 percent decrease over losses of $(1.03) per share from the same period last year. The company reported quarterly sales of $867.700 million which missed the analyst consensus estimate of $887.550 million by 2.24 percent. This is a 1.29 percent decrease over sales of $879.000 million the same period last year.

Trinseo Q3 2024 Adj. EPS $(1.62) Misses $(1.47) Estimate, Sales $867.700M Miss $887.550M Estimate

Auto sales are expected to stay strong due to supply chain improvements and the potential rate cuts. Given this backdrop, let's assess the prospects of auto stocks NIO (NIO) and Cenntro Electric Group (CENN). Keep reading… The auto industry is poised for growth thanks to strong customer demand with the potential rate cuts, the shift to Electric Vehicles (EVs), government incentives, and improved supply chains.
Despite the industry's rosy prospects, NIO Inc. (<a href="https://stocknews.com/stock/NIO/">NIO</a>) is best avoided now because of its fundamental weakness. On the other hand, Cenntro Electric Group Limited (<a href="https://stocknews.com/stock/CENN/">CENN</a>) could be a strong candidate for one's watchlist. Before diving deeper into the fundamentals of these stocks, let's discuss why the auto industry is well-positioned for growth.
Global auto sales recovered post-pandemic, but chip shortages and material costs hampered production growth. Meanwhile, <a href="https://www.cnbc.com/2024/01/22/china-poses-growing-threat-to-us-auto-industry.html">China's rising vehicle exports</a> outpaced Japan, setting new production benchmarks and posing a significant challenge to the U.S. auto industry.
However, innovations like electric vehicles and stricter emissions controls present new market opportunities, with most automakers expanding into the electric mobility sector. Growing environmental awareness is fueling interest in mobility services and autonomous vehicles, transforming the automotive industry alongside changing consumer tastes and technological progress.
The global auto sales for 2024 are expected to be <a href="https://www.forbes.com/sites/sarwantsingh/2024/01/11/global-automotive-market-predictions-for-2024/?sh=7a70ec90492b">90 million units</a>, encompassing both passenger and commercial vehicles. With the uptake of advanced technologies and the rise in the number of passenger vehicles, the global automotive industry is on track to hit a landmark of <a href="https://www.forbes.com/sites/sarwantsingh/2024/01/11/global-automotive-market-predictions-for-2024/#a__text_I_20anticipate_20a_20year_20filled_and_20commercial_20vehicles_2C_20by_202026_">100 million units in sales</a>, including both passenger and commercial vehicles, by 2026.
Furthermore, S&amp;P Global Mobility predicts that global new light vehicle sales will hit <a href="https://www.spglobal.com/mobility/en/research-analysis/sp-global-mobility-forecasts-883m-auto-sales-in-2024.html">88.3 million units in 2024</a>, up 2.8% from the previous year.
In this context, let's examine the fundamentals of the two featured stocks from the <a href="https://stocknews.com/category/auto-vehicle-makers/">Auto &amp; Vehicle Manufacturers</a> industry, starting with the one ranked lower from the investment point of view.
Stock #2: NIO Inc. (<a href="https://stocknews.com/stock/NIO/">NIO</a>)
Headquartered in Shanghai, China, NIO designs, develops, manufactures, and sells smart electric vehicles in China. It offers five and six-seater electric SUVs, as well as smart electric sedans.
In terms of the trailing-12-month <a href="https://www.investopedia.com/terms/g/gross_profit_margin.asp">gross profit margin</a>, NIO's 4.47% is 87.5% lower than the 35.69% industry average. Likewise, its 0.55x trailing-12-month asset turnover ratio is 44.4% lower than the industry average of 0.98x.
For the third quarter ended September 30, 2023, NIO's total revenues fell 31.8% year-over-year to RMB13 billion ($1.83 billion), while its adjusted loss from operations widened 30.1% year-over-year to RMB4.24 billion ($595.64 million).
In addition, adjusted net loss attributable to ordinary shareholders of NIO widened 14.1% year-over-year to RMB3.95 billion ($554.90 million). Furthermore, adjusted net loss per share attributable to ordinary shareholders narrowed 85.3% year-over-year to RMB0.31.
For the quarter ended December 31, 2023, NIO's EPS is expected to remain negative. It failed to surpass the consensus EPS estimates in each of the trailing four quarters. Over the past six months, the stock has declined 59% to close the last trading session at $6.03.
NIO's grim prospects are reflected in its <a href="https://stocknews.com/stock/RYAAY/">POWR Ratings</a>. The stock has an overall F rating, which translates to a Strong Sell in our proprietary system. The POWR ratings assess stocks by 118 different factors, each with its own weighting.
It has an F grade for Stability and a D for Momentum and Quality. It is ranked #44 out of 53 stocks in the <a href="https://stocknews.com/category/auto-vehicle-makers/%22">Auto &amp; Vehicle Manufacturers</a> industry. To access NIO's grades for Growth, Value, and Sentiment, <a href="https://stocknews.com/stock/NIO/">click here</a>.
Stock #1: Cenntro Electric Group Limited (<a href="https://stocknews.com/stock/CENN/">CENN</a>)
CENN designs, manufactures, distributes, and services commercial vehicles powered by electricity or hydrogen energy sources in Europe, the United States, and Asia. It serves various fleet and municipal organizations.
On December 19, 2023, CENN's all-electric Logistar 400 (LS400) got CARB's approval for California's Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP), providing a $60,000 voucher. This speeds up LS400's commercialization, making it more affordable for fleet customers to go electric.
On December 11, 2023, CENN announced the delivery of over 250 autonomous driving delivery vehicles to Zelos (Suzhou) Technology Co., Ltd. in China. These vehicles, equipped with CENN's iChassis technology and Zelos' autonomous driving software, are deployed for urban delivery, marking a significant milestone in CENN's commercial deployments.
In terms of the trailing-12-month Capex/Sales, CENN's 72.05% is considerably higher than the 3.07% industry average. However, its 10.79% trailing-12-month gross profit margin is 69.8% lower than the industry average of 35.69%. Likewise, its 0.05x trailing-12-month asset turnover ratio is 95% lower than the industry average of 0.98x.
CENN's net revenues for the third quarter that ended September 30, 2023, increased 174.9% year-over-year to $5.76 million. Its gross profit came in at $717.47 thousand, compared to a gross loss of $634.33 thousand in the year-ago quarter.
On the other hand, the company's loss from operations widened 22.7% year-over-year to $12.62 million. In addition, its net loss attributable to CENN's shareholders widened 11.7% over the prior-year quarter to $16.10 million.
Over the past month, CENN's stock has gained 17.4% to close the last trading session at $1.19.
CENN's POWR Ratings reflect an uncertain outlook. The stock has an overall C rating, which translates to a Neutral in our proprietary system.
It has a C grade for Growth, Value, Momentum, and Quality. It is ranked #37 in the Auto &amp; Vehicle Manufacturers industry. Beyond what we stated above, we also have given CENN grades for Momentum. Get all CENN ratings <a href="https://stocknews.com/stock/CENN/">here</a>.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
NIO shares fell $0.13 (-2.16%) in premarket trading Wednesday. Year-to-date, NIO has declined -33.52%, versus a 3.93% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/nio-cenn-should-you-accelerate-cruise-or-brake-on-nio-and-cenn/>Should You Accelerate, Cruise, or Brake on NIO and CENN Stocks?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Should You Accelerate, Cruise, or Brake on NIO and CENN Stocks?

Cenntro Electric Group (CENN) has released an update. Cenntro Electric Group Limited has announced the postponement of a key court hearing to Febru...

Cenntro Electric Announces Key Hearing Postponement for US Move

Cenntro Electric Group (CENN) has released an update. Cenntro Electric Group Limited is set to become a subsidiary of Cenntro Inc., a US-based enti...

Cenntro Electric Group's Transition to US Subsidiary Status

Cenntro Electric Group (CENN) has issued an update. Edmond Cheng, CFO of Cenntro Inc., chose not to renew his employment agreement, ending his serv...

Cenntro Electric Announces CFO Transition and New Appointment

Cenntro Electric Group reports Q4 results

Consumers have a lower intent to buy electric vehicles than in the last three years

GPRO, IRBT among notable consumer discretionary additions to Russell Microcap; PLBY, RMCF out

Cenntro Electric Group (CENN) just unveiled an announcement. Cenntro Inc. announced the recent departure of Stephen Markscheid from its board of di...

Cenntro Electric Group Board Reshuffles Following Resignation

Cenntro Electric to be added to Russell Microcap Index

Cenntro Electric Group GAAP EPS of -$0.30, revenue of $8.32M

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Press Releases

Cenntro Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

Cenntro Highlights Delivery of All-Electric Class 4 Logistar 400® to Customers and Dealers in the United States

Cenntro Announces Introduction of New Logistar® 210 Model in European and Other Global Markets

Cenntro Added to Russell Microcap® Index

Cenntro Establishes Assembly and Distribution Facility in Ontario, California to Serve U.S. Markets

Cenntro Receives California Air Resources Board Executive Order Certifying Its Logistar® 300 Model

Cenntro Announces Second Quarter 2024 Financial Results

Cenntro Announces Introduction of New Logistar® 450 Model for the US and Global Markets

Cenntro to Host "Cenntro Day 2024" at the Ontario Convention Center in Ontario, California on Tuesday, October 22, 2024

Cenntro's Avantier Motors Corporation Expands European Offerings with Launch of Avantier Ex and Avantier Commuter Electric Vehicles

Thunder Power Holdings, Inc. - Common Stock

Thunder Power Holdings

ECD Automotive Design, Inc. - Common Stock

ECD Automotive Design

Envirotech Vehicles

Ford Motor

Faraday Future Intelligent Electric Inc. - Class A Common Stock

Faraday Future

Fly-E Group

General Motors

Canoo

Honda Motor Co

Lucid Gr

Li Auto Inc. - American Depositary Shares

Li Auto

Lotus Technology Inc. - American Depositary Shares

Lotus Technology

NIO Inc. American depositary shares, each representing one Class A ordinary share

NWTN

Polestar Automotive Holding UK Limited - Class A ADS

Polestar Automotive

Polestar Automotive Holding UK Limited - Class C-1 ADS (ADW)

Rivian Automotive, Inc. - Class A Common Stock

Rivian Automotive

Thor Industries

Toyota Motor

Tesla

VinFast Auto

Winnebago Industries

Workhorse Gr

XPeng Inc. American depositary shares, each representing two Class A ordinary shares

XPeng

ZEEKR Intelligent Technology Holding Limited American Depositary Shares (each representing ten (10) Ordinary Shares)

ZEEKR Intelligent Tech

Cenntro Electric Gr

Cenntro Electric Group

WIIM

ABNB

AENT

AGAE

ARMK

BALY

CVCO

DECK

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EXPE

FEBO

FIGS

FNKO

GMBL

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LIND

LOBO

MBLY

MGOL

MOND

NCLH

PATK

PENN

PRKS

PTON

SGHC

SPGC

TDUP

UXIN

WOOF

XPOF

Shares of companies within the broader consumer discretionary sector are trading higher. Investors may be reacting to the US presidential election and its impact on consumer spending.

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Cenntro

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