BEIJING, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced the completion of its merger (the “Merger”) with BCPE Chivalry Merger Sub Limited (“Merger Sub”), a wholly owned subsidiary of BCPE Chivalry Bidco Limited (“Parent”), pursuant to the previously announced agreement and plan of merger dated as of August 11, 2023 (the “Merger Agreement”), by and among the Company, Parent and Merger Sub. As a result of the Merger, the Company ceased to be a publicly traded company and became a wholly owned subsidiary of Parent.

BEIJING, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that at an extraordinary general meeting of shareholders (the “EGM”) held today, the Company’s shareholders voted in favor of, among other things, the proposal to authorize and approve the execution, delivery and performance of the previously announced agreement and plan of merger, dated as of August 11, 2023 (the “Merger Agreement”), among the Company, BCPE Chivalry Bidco Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands (“Parent”), and BCPE Chivalry Merger Sub Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands and a wholly-owned subsidiary of Parent (“Merger Sub”), and the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands (the “Plan of Merger”), pursuant to which Merger Sub will be merged with and into the Company, with the Company continuing as the surviving company and becoming a wholly owned subsidiary of the Parent (the “Merger”), and to authorize and approve the consummation of any and all transactions contemplated by the Merger Agreement and the Plan of Merger, including the Merger.

BEIJING, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that it has called an extraordinary general meeting of shareholders (the “EGM”), to be held on December 4, 2023 at 10:30 a.m. (Beijing time), at No. 47 Laiguangying East Road, Chaoyang District, Beijing, People’s Republic of China, to consider and vote on, among other things, the proposal to authorize and approve the previously announced agreement and plan of merger (the “Merger Agreement”), dated August 11, 2023, among the Company, BCPE Chivalry Bidco Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands (“Parent”), and BCPE Chivalry Merger Sub Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands and a wholly-owned subsidiary of Parent (“Merger Sub”), the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands (the “Plan of Merger”) and the transactions contemplated thereby, including the Merger (as defined below) (the “Transactions”).

Upgrades According to Barrington Research, the prior rating for Anika Therapeutics Inc (NASDAQ:ANIK) was changed from Market Perform to Outperform. For the second quarter, Anika Therapeutics had an EPS of $0.06, compared to year-ago quarter EPS of $0.12. At the moment, the stock has a 52-week-high of $32.46 and a 52-week-low of $18.21. Anika Therapeutics closed at $18.38 at the end of the last trading period. According to B of A Securities, the prior rating for Parsons Corp (NYSE:PSN) was changed from Underperform to Buy. Parsons Corp earned $0.63 in the second quarter, compared to $0.41 in the year-ago quarter. At the moment, the stock has a 52-week-high of $55.28 and a 52-week-low of $38.68. Parsons Corp closed at $54.72 at the end of the last trading period. Janney Montgomery Scott upgraded the previous rating for Consolidated Water Co Ltd (NASDAQ:CWCO) from Neutral to Buy. Consolidated Water Co earned $0.46 in the second quarter, compared to $0.18 in the year-ago quarter. The stock has a 52-week-high of $25.00 and a 52-week-low of $13.39. At the end of the last trading period, Consolidated Water Co closed at $22.63. According to Piper Sandler, the prior rating for Coterra Energy Inc (NYSE:CTRA) was changed from Neutral to Overweight. For the second quarter, Coterra Energy had an EPS of $0.39, compared to year-ago quarter EPS of $1.35. At the moment, the stock has a 52-week-high of $32.46 and a 52-week-low of $22.25. Coterra Energy closed at $28.05 at the end of the last trading period. Goldman Sachs upgraded the previous rating for Teledyne Technologies Inc (NYSE:TDY) from Neutral to Buy. Teledyne Technologies earned $4.67 in the second quarter, compared to $4.43 in the year-ago quarter. The current stock performance of Teledyne Technologies shows a 52-week-high of $448.71 and a 52-week-low of $325.68. Moreover, at the end of the last trading period, the closing price was at $383.39. According to Goldman Sachs, the prior rating for Okta Inc (NASDAQ:OKTA) was changed from Sell to Buy. For the first quarter, Okta had an EPS of $0.22, compared to year-ago quarter EPS of $0.27. At the moment, the stock has a 52-week-high of $109.34 and a 52-week-low of $44.13. Okta closed at $71.40 at the end of the last trading period. See all analyst ratings upgrades. Downgrades According to DA Davidson, the prior rating for Xos Inc (NASDAQ:XOS) was changed from Buy to Neutral. Xos earned $0.14 in the second quarter, compared to $0.06 in the year-ago quarter. The current stock performance of Xos shows a 52-week-high of $2.14 and a 52-week-low of $0.21. Moreover, at the end of the last trading period, the closing price was at $0.37. According to Jefferies, the prior rating for NeoGames SA (NASDAQ:NGMS) was changed from Buy to Hold. In the second quarter, NeoGames showed an EPS of $0.00, compared to $0.49 from the year-ago quarter. The stock has a 52-week-high of $27.77 and a 52-week-low of $10.85. At the end of the last trading period, NeoGames closed at $27.11. According to Argus Research, the prior rating for Boston Properties Inc (NYSE:BXP) was changed from Buy to Hold. Boston Props earned $1.86 in the second quarter, compared to $1.94 in the year-ago quarter. The current stock performance of Boston Props shows a 52-week-high of $90.54 and a 52-week-low of $46.18. Moreover, at the end of the last trading period, the closing price was at $68.12. According to Seibert Williams, the prior rating for Range Resources Corp (NYSE:RRC) was changed from Buy to Hold. In the second quarter, Range Resources showed an EPS of $0.30, compared to $1.27 from the year-ago quarter. At the moment, the stock has a 52-week-high of $36.37 and a 52-week-low of $22.61. Range Resources closed at $32.45 at the end of the last trading period. According to Wedbush, the prior rating for Atreca Inc (NASDAQ:BCEL) was changed from Outperform to Neutral. For the second quarter, Atreca had an EPS of $0.49, compared to year-ago quarter EPS of $0.72. At the moment, the stock has a 52-week-high of $2.78 and a 52-week-low of $0.50. Atreca closed at $0.56 at the end of the last trading period. According to Citigroup, the prior rating for Urban Outfitters Inc (NASDAQ:URBN) was changed from Buy to Neutral. For the first quarter, Urban Outfitters had an EPS of $0.56, compared to year-ago quarter EPS of $0.33. The stock has a 52-week-high of $37.81 and a 52-week-low of $18.76. At the end of the last trading period, Urban Outfitters closed at $36.41. Oppenheimer downgraded the previous rating for Stellus Capital Investment Corp (NYSE:SCM) from Outperform to Perform. In the second quarter, Stellus Cap Investment showed an EPS of $0.51, compared to $0.29 from the year-ago quarter. The current stock performance of Stellus Cap Investment shows a 52-week-high of $16.08 and a 52-week-low of $11.77. Moreover, at ...Full story available on Benzinga.com

Keybanc lowered the price target for Bumble Inc. (NASDAQ: BMBL) from $25 to $24. Keybanc analyst Justin Patterson maintained an Overweight rating. Bumble shares rose 0.9% to $16.65 in pre-market trading. Barrington Research cut OUTFRONT Media Inc. (NYSE: OUT) price target from $24 to $16. Barrington Research analyst James Goss maintained an Outperform rating. OUTFRONT Media shares gained 1.7% to $11.83 in pre-market trading. Goldman Sachs boosted the price target for Okta, Inc. (NASDAQ: OKTA) from $77 to $91. Goldman Sachs analyst Gabriela Borges upgraded the stock from Sell to Buy. Okta shares fell 0.9% to close at $71.40 on Friday. Jefferies cut the price target for Chindata Group Holdings Limited (NASDAQ: CD) from $10.73 to $8.6. Jefferies analyst Edison ...

BEIJING, July 28, 2023 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that it plans to release its unaudited second quarter 2023 financial results on Thursday, August 31, 2023, before the market opens. The Company will hold a conference call at 8:00 A.M. on Thursday, August 31, 2023, U.S. Eastern Time, or 8:00 P.M. Beijing time on the same day to discuss the financial results.

BEIJING, July 13, 2023 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that the special committee of its board of directors received a preliminary non-binding proposal letter from China Merchants Capital Holdings (International) Limited (“CMC”), to acquire all of the outstanding shares of the Company for US$4.6 per ordinary share (or US$9.2 per ADS) in cash.

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BEIJING, June 20, 2023 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that the special committee (the “Special Committee”) of the Company’s board of directors (the “Board”), formed to evaluate and consider the previously announced preliminary non-binding acquisition proposal letter dated June 6, 2023 (the “Proposal”), has retained Citigroup Global Markets Asia Limited as its independent financial advisor and Gibson, Dunn & Crutcher as its U.S. legal counsel to assist it in this process.

The most overbought stocks in the information technology sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70. Here’s the latest list of major overbought players in this sector. Yext, Inc. (NYSE: YEXT) Yext reported better-than-expected first-quarter results and issued strong FY24 forecast. "We had a strong start to the year, achieving record levels in the first quarter with both our non-GAAP EPS and Adjusted EBITDA," said Michael Walrath, CEO and Chair of the ...

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Gainers Mobiquity Technologies, Inc. (NASDAQ: MOBQ) shares gained 124% to $0.3325. Mobiquity Technologies launched ElecAlytics, an AI-Powered analytics suite added to its ElecTech platform for political campaigns. Farmer Bros. Co. (NASDAQ: FARM) surged 56.4% to $3.02. Treehouse Foods inked a deal with Farmer Brothers to acquire certain assets for around $100 million, subject to customary purchase price adjustments. Yext, Inc. (NASDAQ: YEXT) shares climbed 32.8% to $12.74 after the company reported better-than-expected first-quarter results and issued strong FY24 forecast. Stitch Fix, Inc. (NASDAQ: SFIX) shares climbed 31.5% to $4.84 as the company reported better-than-expected results for its third quarter. Chijet Motor Company, Inc. (NASDAQ: CJET) gained 25.7% to $5.28 after dropping around 29% on Tuesday. Dave & Buster's Entertainment, Inc. (NASDAQ: PLAY) rose 23.6% to $41.73 following upbeat quarterly earnings. The company inked a 15-store deal with the Malpani Group in India and a 5-store agreement with the NightOwl Entertainment Group in Australia. Aurora Innovation, Inc. (NASDAQ: AUR) gained 20% to $1.8250. Canaccord Genuity initiated coverage on Aurora Innovation with a Buy rating and announced a price target of $5. Hyzon Motors Inc. (NASDAQ: HYZN) rose 19.8% to $0.7383. Hyzon Motors and Performance Food Group entered into an agreement for five fuel-cell electric vehicles (FCEV). Affirm Holdings, Inc. (NASDAQ: AFRM) surged 19.4% to $18.90 after Amazon added Affirm's Adaptive Checkout as a payment option at checkout. Diversified Healthcare Trust (NASDAQ: DHC) rose 17.2% to $2.32. Diversified Healthcare Trust Director Adam D Portnoy acquired a total 5,566,644 shares an average price of $1.77. Wejo Group Limited (NASDAQ: WEJO) shares gained 16.3% to $0.0699 after dropping 29% on Tuesday. Wejo Group recently said it is evaluating whether to file ancillary insolvency proceedings for the company and other units in other jurisdictions, including the US. Novonix Limited (NASDAQ: NVX) rose 15.8% to $3.07. AVL Test Systems, Inc. announced it has finalized a Sales and ...