Cheetah Net Supply Chain Service Inc. Class A Common Stock
CTNTCheetah Net Supply Chain Service Inc. Class A (CTNT) is a logistics and supply chain management company specializing in providing integrated transportation, warehousing, and distribution solutions. The company focuses on leveraging technology to optimize supply chain operations, enhance efficiency, and support clients across various industries with customized logistics services.
Company News
Cheetah Net Supply Chain Service (CTNT) shares jumped 17.74% in after-hours trading after CEO Huan Liu purchased 200,000 shares at $2.00 per share through a private placement, signaling confidence in the company. Despite the insider buy, the stock has dropped 99.37% over the past 12 months and currently trades near its yearly low. The company rec...
Cheetah Net Supply Chain Service Inc. (NASDAQ: CTNT) shares surged 71.04% to $3.11 in after-hours trading following the completion of its $4.98 million acquisition of Super International Trading Limited, a Hong Kong-based industrial equipment trading firm. Despite the acquisition announcement, the company's fundamentals remain weak with a 99.31% ...
U.S. stock futures fell on Monday as President Trump canceled Iran talks, citing divisions within Tehran. The market awaits the Federal Reserve's Wednesday meeting with 100% likelihood of unchanged rates. Key movers include Organon jumping 15% on a $11.75B acquisition deal, SAP rising 6.14% on cloud adoption acceleration, and Cheetah Net plummeti...
Cheetah Net Supply Chain Service Inc. announced it has agreed to acquire 100% of Super International Trading Limited, a Hong Kong-based industrial equipment trading company, for approximately $4.98 million in cash. The acquisition includes performance-based provisions with a $10 million annual revenue target over three years post-closing. The dea...
Cheetah Net Supply Chain Service Inc. reported a net loss of $753,909 in Q1 2025 due to challenging market conditions in China and the discontinuation of its parallel-import vehicle business. The company is focusing on improving operational efficiencies and expanding its logistics and warehousing services.
