|Bid||0.00 x 1200|
|Ask||0.00 x 900|
|Day's Range||35.54 - 36.74|
|52 Week Range||17.01 - 42.80|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Shares of Kingsoft Cloud (NASDAQ: KC) fell as much as 14% today after the company reported third-quarter earnings. The results were mixed relative to analyst expectations, and guidance came in a little light. The Chinese technology company, which provides cloud services to enterprise organizations, reported adjusted EBITDA of negative $3.9 million.
A look at the shareholders of Kingsoft Cloud Holdings Limited (NASDAQ:KC) can tell us which group is most powerful...
Shares of Kingsoft Cloud (NASDAQ: KC) have plunged today, down by 11% as of 12:05 p.m. EDT, after the company announced a secondary offering. Kingsoft Cloud separately reported a new strategic partnership. The offering has not yet priced, but Kingsoft Cloud estimates that net proceeds will be approximately $298.8 million to $398 million, depending on whether underwriters exercise their option.