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NASDAQ:CTNT 24 April 2026

Why Cheetah Net Stock Jumped Today: CTNT Deal, Heavy Volume and Dilution Risk

Why Cheetah Net Stock Jumped Today: CTNT Deal, Heavy Volume and Dilution Risk

Cheetah Net Supply Chain Service Inc. shares surged Friday, trading over 2.09 billion shares after the company agreed to buy Hong Kong-based Super International Trading Limited for $4.98 million in cash. The stock rose to $0.0547, up 2.16 cents. The deal includes a $10 million annual revenue commitment from the target. Cheetah recently set up a $70 million at-the-market stock sale program.
24 April 2026
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Stock Market Today

  • Allied Properties REIT: 7.5% Yield TSX Dividend Stock Faces Recovery Hurdles
    May 14, 2026, 9:08 PM EDT. Allied Properties REIT (TSX:AP.UN) offers a high 7.5% dividend yield after a recent 60% cut, paying $0.72 per unit annually. The Canadian urban workspace landlord trades near $9.65, less than half its 52-week high of $22, reflecting significant challenges in office leasing. Its rental revenue dropped 4.5% year-over-year and operating income declined 14.3%, with occupancy at 85%. Management's decisive moves include a $500 million equity raise aimed at debt reduction and asset disposals totaling roughly $500 million. Liquidity stands at $707.8 million, supporting stability. Leasing activity surged 36% in Q1 2026, suggesting potential recovery. Investors should weigh the risks tied to a pressured office market against the possible rebound from balance sheet repairs and leasing momentum.

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Sidus Space reported first-quarter revenue of $359,000, up 51% from a year earlier, and a net loss of $5.2 million, narrowing from $6.4 million. Shares rose about 12% after results. Cash stood at $27.3 million at March 31, down from $43.2 million at year-end. The company raised $58.5 million in a direct share offering after the quarter closed.
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Alphabet Class A shares fell 0.4% to $401.07 on Thursday, pausing after a record run even as the S&P 500 and Nasdaq hit new highs. Investors weighed Google’s AI and cloud gains against persistent interest-rate concerns, with profit-taking outweighing news of a new robotics partnership with Fanuc. Alphabet’s market value stood near $4.86 trillion. Google Services revenue rose 16% last quarter, while Google Cloud jumped 63%.
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