SunCar Technology Group Inc. - Ordinary Shares (SDA)
9.1200
+0.1100 (1.22%)
SunCar Technology Group Inc
is a company focused on providing innovative solutions and services in the electric vehicle (EV) sector. The firm specializes in developing advanced technology platforms and applications aimed at enhancing the customer experience within the EV ecosystem. By leveraging its expertise in data analytics and cloud services, SunCar aims to facilitate seamless charging, maintenance, and overall management of electric vehicles, contributing to the broader adoption of sustainable transportation solutions. The company places a strong emphasis on building infrastructure and connectivity that empowers users and enhances the efficiency of EV operations.
SunCar Technology Group Inc. (NASDAQSDA) shares traded higher on Monday. The company announced a strategic partnership with Wuhan JIDU Automobile Service, a joint venture between Baidu Inc NASDAQ:BIDUNASDAQBIDU)
Shares of Big Lots, Inc. (NYSEBIG) fell sharply during Monday’s session after the company reported preliminary fourth-quarter results. Also, Loop Capital downgraded the stock from Hold to Sell and lowered its price target from $6 to $1.
SunCar Technology Group Inc (NASDAQSDA) shares are trading lower by 20.6% to $9.17 Thursday morning after the company announced a $21 million follow-on offering of 2,567,238 shares at $8.18 per share. What Else?
NEW YORK, Oct. 20, 2023 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (“SunCar” or the “Company”) (Nasdaq: SDA), a leading provider of digitalized enterprise automotive after-sales services and online auto insurance intermediation services in China, announced that it has launched its online insurance solution for customers of Li Auto Inc.’s (Nasdaq: LI) new energy vehicles (NEV). Accessible via the Li Auto car owners’ app, SunCar can offer various online insurance solutions, including H5 on the mobile, so car owners can quickly and conveniently compare and purchase auto insurance and other services.
