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Why is Naas Technology Inc ADR (NAAS) Stock down?
Naas Technology Inc. (NAAS) stock dipped 9.50% to $6.00 after the company announced closing of $40 million private placement of convertible note.
NaaS Technology shares fell 4.90% today after the company updated its short interest on July 28th. NaaS Technology Inc. saw a 16.0% drop in short interest in July, with 604,700 shares shorted and a short-interest ratio of 0.9 days.
https://www.marketbeat.com/instant-alerts/nasdaq-naas-options-data-report-2023-07-28/
Naas Technology Inc (NAAS) stock is trading at $4.98, a drop of $0.39, or 7.26%. Nass Technology Inc ADR gets a Sentiment Score of Bearish from InvestorsObserver.
NaaS Technology Inc. shares (NAAS) fell down 8.51% today related to the release of its 2022 Enivronment, Social and Governance (ESG) report. This report covers the data and achievements of the company's in four areas: green and low-carbon operation, technological innovation, protection of empployee's rights and interests, and commitment to community welfare. In detail, during the year 2022, the company reduced the carbon emission by 1,847,700 tons, an increase of 106.22% compared to 2021.
NAAS's stock fell 8.25% after the company announced that it has amended and restated its previously adopted New 2022 Share Incentive Plan to expand the number of Class A ordinary shares available for grant of awards. Upon the amendment, the maximum total number of Class A ordinary shares of the Company underlying all awards, whether granted or available to be granted, under the Amended and Restated New 2022 Share Incentive Plan becomes 413,921,180 (from 271,762,423 immediately prior to the amendment).
https://finance.yahoo.com/news/naas-technology-inc-announces-amendment-110000754.html
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