According to a management update today, "tens of thousands of people" viewed its virtual unveiling, but only 11,000 "potential buyers" registered for the event, and so far pre-order reservations have totaled just 436. Electric Car Enthusiasts Should Be Raving about Kandi Technologies Group Prepare for the Chinese EV invasion of America with a position in KNDI stock By David Moadel, InvestorPlace … Kandi Technologies shares traded up 7% to $7.11 on Tuesday. Image source: Kandi Technologies. The stock has a 52-week high of $17.40 and a 52-week low of $2.17. All rights reserved. Market data powered by FactSet and Web Financial Group. Shares of Chinese electric-car maker Kandi Technologies (NASDAQ:KNDI) plummeted in Wednesday trading to close 8.8% lower -- then continued to slide in after-market trading. Returns as of 10/20/2020. Everything you need to know about the market - quick & easy. Why? Stock Advisor launched in February of 2002. Why Kandi Technologies Stock Just Popped 7.5% The international expansion is underway -- sort of. Rich Smith (TMFDitty) Aug 19, 2020 at 4:49PM Author Bio. The company says it will be selling cars through an "innovative micro hub showroom" just 2,000 square feet in size. Tai discussed auto dealers have asked the company to provide a template for how the showrooms will look like. News. Yesterday, shares of Kandi stock fell 13.5% in the aftermath of the presentation. Market data powered by FactSet and Web Financial Group. Would you buy a Kandi car based on just this picture? Posted-In: electric vehicles why it's movingNews Movers Trading Ideas, Thank you for subscribing! Kandi has two new cars to sell -- but very few buyers. Returns as of 10/20/2020. Benzinga does not provide investment advice. Investors are betting that things will work out a bit better for Kandi this time around, and as of 12:20 p.m. EDT, the stock is up 7.5%. Kandi Technologies Group (NASDAQ:KNDI) Trading Up 6.2% americanbankingnews.com - September 25 at 7:39 PM: Kandi Technologies Group (NASDAQ:KNDI) Stock Price Down 9.6% americanbankingnews.com - September 23 at 8:00 PM: Kandi Technologies to Participate at ICA Asia Insights Forum finance.yahoo.com - September 23 at 12:22 PM Kandi Technologies Group is engaged in the development, production, and distribution of the electric vehicle products, EV parts, and off-road vehicle products primarily in the Chinese market. If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com. Image source: Kandi Technologies. The stock has a 52-week high of $17.40 and a 52-week low of $2.17. Does Kandi's news justify the jump? Let's take a closer look. While Kandi has been around for years — it has been traded on NASDAQ since 2008 — it hasn't made much of an impression on auto investors outside of … Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Kandi Technologies Stock Flopped Today @themotleyfool #stocks $KNDI, Why Kandi Technologies Stock Just Popped 7.5%, Why 3 Electric Vehicle Stocks Collapsed Today, 3 Awful Robinhood Stocks to Avoid Like the Plague in August, Why Kandi Technologies' Stock Is Higher Today, Why Kandi Technologies Stock Slumped on Friday, Copyright, Trademark and Patent Information. Today, they're down nearly 9% more. Kandi Technologies Group (NASDAQ: KNDI) shares are trading higher on Wednesday after the company unveiled its U.S. dealer plan. 12 Consumer Cyclical Stocks Moving In Thursday's Intraday Session, Why Kandi Technologies Is Trading Higher Today, 51 Stocks Moving In Wednesday's Mid-Day Session, KNDI: New Electric Car Models, Battery Swap Model & Ride Share Focus Create Opportunities For Growth, 55 Stocks Moving In Friday's Mid-Day Session, Privacy Policy / Do Not Sell My Personal Data. During the presentation, Kandi America CEO Johnny Tai said, "We want to be the most affordable option for this electric car category.". Which is kind of surprising: Placing a pre-order required only a $100 down payment -- and even that, the company said, was "fully refundable"! Will Kandi stock bounce back -- or continue sliding in the days to come? See you at the top! © 2020 Benzinga.com. Seeking Alpha 10/15/20. Perhaps this is a case of buying the rumor and then selling the news. Now, however, Kandi is taking a second stab at invading the U.S. market for electric cars, announcing "nationwide distribution" in the U.S. from physical car stores. Don't have a Benzinga account? Kandi Technologies (NASDAQ: KNDI) shares were trading higher on Tuesday as traders circulated a presentation from the Water Tower Research’s Fireside Chat series. I … Maybe that number will grow, but for now, it kind of sounds like Kandi's product launch was a bit of a flop -- and so is Kandi stock today. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. I like things that go "boom." Kandi Technologies (NASDAQ: KNDI) stock is soaring more than 20% on Wednesday following the news that a company’s key electric vehicle project with a carmaker has garnered approval. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The stock has a 52-week high of $17.40 and a … Kandi Technologies shares traded up 7% to $7.11 on Tuesday. A daily collection of all things fintech, interesting developments and market updates. By creating an account, you agree to theTerms of Service and acknowledge our Privacy Policy. Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Kandi Technologies Stock Just Popped 7.5% @themotleyfool #stocks $KNDI, Why 3 Electric Vehicle Stocks Collapsed Today, Why Kandi Technologies Stock Flopped Today, 3 Awful Robinhood Stocks to Avoid Like the Plague in August, Why Kandi Technologies' Stock Is Higher Today, Why Kandi Technologies Stock Slumped on Friday, Copyright, Trademark and Patent Information. He said the company is not meaning to compete against any other car OEM, but is looking to create a new category. See you at the top! Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Let's conquer your financial goals together...faster. On the other hand, though, we saw in August that virtual selling didn't work particularly well to interest car buyers in Kandi's largely unknown product. On the one hand, Kandi's minimalist approach to showrooms sounds like it will minimize start-up costs for folks who want to join its dealer network, which should make it easier to find distribution partners quickly. Two days ago, Kandi previewed its upcoming "live virtual launch event," which took place Tuesday. EV stocks break lower with Q3 earnings on tap. Create one. Let's conquer your financial goals together...faster. I'm not sure that doubling down on that sales strategy, by selling primarily via lobby kiosks in bricks-and-mortar locales, is going to work much better. MotleyFool … Chinese electric-vehicle maker Kandi Technologies (NASDAQ:KNDI) got off to an inauspicious start in August, when its "live virtual launch" of two new electric car models (the K23 and K27) netted the company only 11,000 registrations to view the event online -- and just 436 pre-orders. Each of the showrooms will include "two interactive kiosks" -- which should just about fit in the space allowed -- but keep its inventory "housed off-site.".
Perfect Match Website,
Ultimate Tyranno Duel Links,
File Commander Apk Old Version,
Famous Depaul Basketball Alumni,
Jonnu Smith College Stats,
Love In The Dark Book,
Document A Eyes On The Prize Transcript Answer Key,
Towa Vs Goku,
Tesla New Battery Range,
Logistics Tracking System,
Dana Grady,
Patriots Vs Raiders Prediction,
Green Iguana Size Age Chart,
,
Sitemap