While most times offerings are viewed as bearish due to their dilutive nature, traders seemed excited to get their hands on share of Fangdd Network Group Ltd. (Nasdaq:DUO), with shares currently bid at $4.21/share (+24.19% implied open for sellers) at the time of writing. It should be an exciting session for this micro cap!
Fangdd Network Group Ltd is an investment holding company. Through its subsidiaries, It is engaged in the provision of real estate information services through its online platform which also offers integrated marketing services for individual customers, real estate developers, and agents in China. Its SaaS-based solutions help real estate agents to connect with essential business resources, including customers, property listings, capital and transaction data. The company generates the majority of its revenue from Base commission from transactions in China.
Copyright © 2024 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com’s content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
View the original article on AllPennyStocks.com
]]>