Chinese tycoons have lost over $320 billion in 3 years, but the SharkNinja mogul who moved to the U.S. in 2017 just shot to $3.2 billion [Fortune]
SharkNinja, Inc. Ordinary Shares (SN)
Last sharkninja, inc. ordinary shares earnings: 11/1 06:00 am
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Source: Fortune
The Chinese native expanded his empire into the US by 2017 — just in time to avoid China's economic struggles and stock-market losses in recent years. Wang, 54, is now worth $3.2 billion, according to the Bloomberg Billionaires Index, which is valuing his wealth for the first time. The crux of Wang's fortune stems from his latest venture: SharkNinja Inc., a Needham Heights, Massachusetts-based maker of everything from vacuum cleaners to hair dryers and fryers. It was the largest seller of small-kitchen appliances in the US in the three years through 2022, according to its latest disclosures. The stock listed in New York last year and is trading near record highs. “SharkNinja's New York listing unlocks its valuation,” said Walter Woo, a research analyst at CMB International Capital in Hong Kong. Listing in the US, where investors are more aware of the company and its products, enabled it to gain publicity, he added. Chinese tycoons on the Bloomberg index tracking the 500 richest
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News
- SharkNinja: Setting New Standards In Consumer Experience [Seeking Alpha]Seeking Alpha
- SharkNinja, Inc. (NYSE: SN) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $59.00 to $74.00. They now have a "buy" rating on the stock.MarketBeat
- SharkNinja Announces First Quarter 2024 Earnings Release and Conference Call Date [Yahoo! Finance]Yahoo! Finance
- SharkNinja Announces First Quarter 2024 Earnings Release and Conference Call DateBusiness Wire
- SharkNinja, Inc. (NYSE: SN) is now covered by analysts at UBS Group AG. They set a "buy" rating and a $76.00 price target on the stock.MarketBeat
SN
Earnings
- 2/15/24 - Miss
SN
Sec Filings
- 3/28/24 - Form 6-K
- 3/21/24 - Form 424B4
- 3/20/24 - Form EFFECT
- SN's page on the SEC website