11 Little-Known Penny Stocks With Massive Upside Potential [Yahoo! Finance]
ECARX Holdings Inc. (ECX)
Company Research
Source: Yahoo! Finance
Risky equities including penny stocks and micro-cap stocks started losing ground when the Federal Reserve began hiking interest rates to tackle the inflation storm. When rates are high and money is difficult to come by, investors exit risky asset classes and take refuge in either fixed income or high quality stocks with fortress balance sheets. But many experts believe things are about to take a positive turn for penny stocks, small- and micro-cap stocks in 2024 due to a variety of factors, including expectations of rate cuts in 2024. Lord Abbett in its 2024 market outlook report highlighted that in addition to interest rate cuts, another catalyst for small-cap stocks in 2024 could be an increased M&A activity where bigger companies will look to buy smaller companies with promising prospects. Franklin Templeton Investments in its report highlighted several positive factors that could boost small-cap stocks in 2024. The report said small-cap stocks perform really well during 12 mont
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ECX
News
- ECARX to Report First Quarter 2024 Financial Results on May 20, 2024GlobeNewswire
- ECARX Announces Strategic Partnership with FAW Group to Develop Intelligent Cockpits for Its Premium Hongqi BrandGlobeNewswire
- ECARX Announces Filing of Annual Report on Form 20-F [Yahoo! Finance]Yahoo! Finance
- ECARX Announces Filing of Annual Report on Form 20-FGlobeNewswire
- ECARX Partners with Lianyou Zhilian to Accelerate Development of Intelligent Vehicle SolutionsGlobeNewswire
ECX
Sec Filings
- 4/22/24 - Form 424B3
- 4/22/24 - Form EFFECT
- 4/11/24 - Form POS
- ECX's page on the SEC website