ATRenew (NYSE:RERE) Shares Gap Up to $2.51

Posted by Defense World Staff on Apr 23rd, 2023

ATRenew Inc. (NYSE:RERE – Get Rating)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $2.51, but opened at $2.57. ATRenew shares last traded at $2.51, with a volume of 21,108 shares trading hands.

ATRenew Trading Up 0.8 %

The stock has a market capitalization of $636.47 million, a price-to-earnings ratio of -1.70 and a beta of -1.05. The stock has a 50-day moving average price of $2.78 and a 200 day moving average price of $2.53.

Institutional Investors Weigh In On ATRenew

A number of institutional investors have recently modified their holdings of the business. Cubist Systematic Strategies LLC acquired a new stake in ATRenew in the 3rd quarter worth about $50,000. Jane Street Group LLC acquired a new stake in ATRenew in the 4th quarter worth about $51,000. Vident Investment Advisory LLC acquired a new stake in ATRenew in the 4th quarter worth about $55,000. Renaissance Technologies LLC acquired a new stake in ATRenew in the 2nd quarter worth about $85,000. Finally, Robeco Institutional Asset Management B.V. acquired a new stake in ATRenew in the 4th quarter worth about $87,000. 6.83% of the stock is currently owned by institutional investors and hedge funds.

About ATRenew

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ATRenew Inc, through its subsidiaries, operates pre-owned consumer electronics transactions and services platform in the People's Republic of China. It primarily sells mobile phones, laptops, tablets, drones, digital cameras, household products, and bags through its online platforms and offline stores, as well as provides services to third-party merchants to sell the products through its platforms.

ATRenew (NYSE:RERE) Shares Gap Up to $2.51

ATRenew Trading Up 0.8 %

Institutional Investors Weigh In On ATRenew

About ATRenew

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