LOGO
LOGO

Quick Facts

GDS Holdings Stock Drops 17% Following Q4 Earnings Report

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

GDS Holdings Limited (GDS) is trading at $30.69, down 13.74 percent or $4.89 during Wednesday's trading, after reporting fourth-quarter earnings. The company posted a net loss from continuing operations of RMB173.4 million, compared to a loss of RMB3,074.6 million in the prior-year quarter.

The stock opened at $29.92 and has traded between $29.01 and $32.68 so far, compared to a previous close of $35.58 on the Nasdaq. Trading volume has reached 5.2 million shares, surpassing the average of 3.17 million.

The stock's 52-week range is $5.85 to $52.50.

For comments and feedback contact: editorial@rttnews.com

Business News

Invest in the Best Biotech Stocks by Subscribing to RTT Biotech Investor.
Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

Latest Updates on COVID-19