Cloopen Group Holding Ltd (RAAS) News
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RAAS News Highlights
- For RAAS, its 30 day story count is now at 4.
- Over the past 26 days, the trend for RAAS's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- AGIL, BTCM and DTST are the most mentioned tickers in articles about RAAS.
Latest RAAS News From Around the Web
Below are the latest news stories about Cloopen Group Holding Ltd that investors may wish to consider to help them evaluate RAAS as an investment opportunity.
Cloopen Group Holding Limited (NYSE: RAAS) ("Cloopen" or the "Company"), a leading multi-capability cloud-based communications solution provider in China, today announced that its board of directors (the "Board") has authorized a share repurchase program under which the Company may repurchase up to US$40 million of its Class A ordinary shares in the form of American depositary shares ("ADSs") during a twelve-month period commencing on September 28, 2021 (the "Share Repurchase Program").
Gainers AgileThought, Inc. (NASDAQ: AGIL ) shares surged 69.4% to settle at $23.53 on Thursday. AgileThought 13D Filings from Chairman, CEO Manuel Senderos Fernández and Diego Hildebrando Zavala Gómez del Campo showed 10.9% stake and 5.4% stake in the company, respectively. Sphere 3D Corp. (NASDAQ: ANY ) shares jumped 41.8% to close at $9.40 on Thursday as traders circulated a tweet from popular Twitter trader Will Meade saying ''Long $ANY this is the next $SPRT and they have a very good management team.'' BIT Mining Limited (NYSE: BTCM ) gained 35.2% to close at $12.64. Data Storage Corporation (NASDAQ: DTST ) climbed 29.6% to close at $5.08 after the company reported a collaboration with Precisely. NeuroOne Medical Technologies Corporation (NASDAQ: NMTC ) gained 23% to settle at $4.23...
Today, investors in Cloopen Group and RAAS stock appear to like the strong earnings reported by this company and are buying in heavily.
The thriving stay-at-home economy that emerged in 2020 unleashed the potential of the cloud-based communications market. Rising alongside the ongoing improvement of the communications infrastructure, the market is entering a golden age. The cloud-based communications market in China will continue to grow rapidly in the coming years and is expected to exceed RMB100 billion by 2024, according to a report from China Investment Corporation (CIC).
Shares of Cloopen Group Holding Limited (NYSE: RAAS), the Beijing-based provider of cloud-based communications, jumped 14.5% through 12:15 p.m. EDT after reporting a "sales beat" but an earnings miss early this morning. Perhaps even more important than the customers, Chinese government regulators have focused on data security as they cracked down on their own tech sector these past several weeks.
Cloopen Group Holding Limited (NYSE: RAAS) ("Cloopen" or the "Company"), a leading multi-capability cloud-based communications solution provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2021.
Cloopen Group Holding Limited to Report Second Quarter 2021 Financial Results on August 11, 2021 Eastern Time
Cloopen Group Holding Limited ("Cloopen" or the "Company") (NYSE: RAAS), a leading multi-capability cloud-based communications solution provider in China, today announced that it will report its unaudited financial results for the second quarter 2021 before the U.S. market open on Wednesday, August 11, 2021.
RAAS Alert: Johnson Fistel Launches Investigation into Cloopen Global Limited - Stock Price has Plummeted Since IPO; Investors Suffering Losses Encouraged to Contact the Firm
SAN DIEGO, June 23, 2021 (GLOBE NEWSWIRE) -- Shareholder Rights Law Firm Johnson Fistel, LLP, is investigating potential claims against Cloopen Group Holding Limited ("Cloopen" or the "Company") (NYSE: RAAS) for violations of federal securities laws. On or about February 9, 2021, Cloopen sold about 20 million shares of stock in its initial public stock offering (the "IPO") at $16 a share, raising nearly $320 million in new capital. Since the IPO the stock has plummeted, closing at $7.81 on June
Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Cloopen Group Holding Limited (RAAS) and Encourages Investors to Contact the Firm
NEW YORK, NY / ACCESSWIRE / May 19, 2021 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cloopen Group Holding Limited ("Cloopen " or the "Company") (NYSE:RAAS). Investors who purchased Cloopen securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.
Cloopen Group Holding Limited ("Cloopen" or the "Company") (NYSE: RAAS), a leading multi-capability cloud-based communications solution provider in China, today announced that it has filed its annual report on Form 20-F that includes its audited financial statements for the fiscal year ended December 31, 2020 with the Securities and Exchange Commission (the "SEC") on May 10, 2021, U. S. Eastern Time.