JinkoSolar Holding Co (NYSE:JKS) Stock

JinkoSolar Holding Co

JinkoSolar Holding Co Ltd is engaged in the photovoltaic industry. The firm has built a vertically integrated solar power product value chain, manufacturing from silicon wafers to solar modules. It sells solar modules under the JinkoSolar brand. The company's products include Silicon wafers, Solar cells, and Solar modules. Its geographical segments are China (including Hong Kong and Taiwan), North America, Europe, Asia Pacific (except China, which includes Hong Kong and Taiwan), and the Rest of the world.

Photo by solarseven on Shutterstock

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JinkoSolar shares are trading higher Monday following the company&#39;s announcement of a patent infringement lawsuit filed against VSUN Solar USA, Toyo Co., and their affiliates. Here&#39;s what you need to know.

JinkoSolar Shares Are On The Rise Today: What&#39;s Going On?

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Solar panel

Before the market opened on Wednesday, JinkoSolar reported 2024 third-quarter fiscal earnings.

What&#39;s Going On With JinkoSolar Shares Wednesday?

JinkoSolar Holding Company Limited American Depositary Shares (each representing 4 Common Shares)

JinkoSolar Holding Co Ltd

JACKSAM CORPORATION by Jacksam Corporation

Jacksam Corp

JKS Resources Inc Ordinary Shares

JINKE SMRT SVC UNS/ADR by Jinke Smart Services Group Company Limited

Jinke Smart Services Group Co Ltd

GLJ Research analyst Gordon Johnson maintains JinkoSolar Holding Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JKS#NYSE">JKS</a>) with a Sell and lowers the price target from $13.08 to $10.95.

Price Target

Analyst Ratings

GLJ Research Maintains Sell on JinkoSolar Holding Co, Lowers Price Target to $10.95

WIIM

Jinko Solar shares are trading lower after the company provided estimates for its 2024 financial results which included a year-over-year decline in profitability.

JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JKS#NYSE">JKS</a>), one of the largest and most innovative solar module manufacturers in the world, today announced that its majority-owned principal operating subsidiary, Jinko Solar Co., Ltd. ("Jiangxi Jinko"), published estimates for certain preliminary unaudited financial results for the full year ended December 31, 2024.
For the year ended December 31, 2024, (i) preliminary unaudited net income attributable to shareholders of Jiangxi Jinko is estimated to be in the range of RMB80 million to RMB120 million, a decrease of 98.39% to 98.92% or RMB7,320.48 million to RMB7,360.48 million year-over-year, and (ii) preliminary unaudited net loss attributable to shareholders of Jiangxi Jinko excluding extraordinary gains and losses is estimated to be in the range of RMB750 million to RMB1,050 million, a decrease of 110.86% to 115.21% or RMB7,654.04 million to RMB7,954.04 million year-over-year.

Earnings

Guidance

JinkoSolar Announces 2024 Financial Estimates With Net Income Estimated At RMB80 Million-RMB120 Million, Showing 98.39%-98.92% Decrease; Net Loss (Excluding Extraordinary Gains/Losses) Estimated At RMB750 Million-RMB1,050 Million, Showing 110.86%-115.21% Decrease YoY

JinkoSolar Holding Co., Ltd. (the "Company," or "JinkoSolar") (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JKS#NYSE">JKS</a>), one of the largest and most innovative solar module manufacturers in the world, today announced that it has achieved a significant breakthrough in the development of its N-type TOPCon-based perovskite tandem solar cell. Independently tested by the Shanghai Institute of Microsystem and Information Technology, Chinese Academy of Sciences, the cell achieved an impressive conversion efficiency of 33.84%, surpassing JinkoSolar's previous record of 33.24%. This achievement marks the 27th time JinkoSolar has set a world record for efficiency and power output for PV products.

JinkoSolar Achieves 33.84% Efficiency with Advanced Solar Cell Technology

Reported Earlier, JinkoSolar Upsizes Share Buyback Plan By $150M To $350M And Extends Deadline To June 2026

JinkoSolar Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JKS#NYSE">JKS</a>) shares are trading higher Monday following the company&#8217;s announcement of a patent infringement lawsuit filed against VSUN Solar USA, Toyo Co. and their affiliates. Here&#8217;s<a href="https://www.benzinga.com/quote/JKS/news"> what you need to know.</a>
What To Know: The lawsuit, filed in the U.S. District Court for the Northern District of California, alleges infringement of JinkoSolar's proprietary N-type TOPCon technology patents.
JinkoSolar, one of the world's leading solar module manufacturers, has an extensive intellectual property portfolio with over 2,800 patents, including 462 related to its TOPCon technology. The company emphasizes its commitment to protecting its innovations, which are a result of significant investments in research and development.
The lawsuit underscores JinkoSolar&#8217;s efforts to defend its position in the solar module market against competitors selling products that allegedly violate its patents. The company&#8217;s legal representation has stated that JinkoSolar intends to vigorously pursue its claims.
&#8220;JinkoSolar has earned its leadership position in the global solar module market through significant R&amp;D investments and will vigorously defend its intellectual property against those who sell infringing products,&#8221; said&nbsp;Louise Lu, a patent litigation lawyer with the Perkins Coie law firm.
JKS Price Action: JinkoSolar shares closed Monday up 6.77% at $28.70 at publication, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://benzinga.slack.com/archives/D072651PB4K/p1733167806337199"><img loading="lazy" decoding="async" width="1024" height="530" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/09154306/JKS-1024x530.png" alt="" class="wp-image-683959" style="width:492px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/09154306/JKS-1024x530.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/09154306/JKS-300x155.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/09154306/JKS-768x398.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/09154306/JKS.png 1170w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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Photo: Shutterstock.

JinkoSolar Shares Are On The Rise Today: What's Going On?

JinkoSolar shares are trading higher. The company announced it filed a patent infringement lawsuit against VSUN Solar and affiliates.

JinkoSolar has been awarded over 2,800 issued patents, with a proprietary portfolio that includes 462 industry-leading patents related to N-type TOPCon technology, one of the highest numbers of TOPCon patents in the industry.&nbsp;
"JinkoSolar has earned its leadership position in the global solar module market through significant R&amp;D investments and will vigorously defend its intellectual property against those who sell infringing products," said Louise Lu, a patent litigation lawyer with the Perkins Coie law firm.

Reported Saturday, JinkoSolar Files Patent Infringement Lawsuit Against VSUN Solar And Affiliates Over Proprietary N-Type TOPCon Technology

U.S. stocks were mostly lower, with the Dow Jones index falling more than 100 points on Tuesday.
Shares of AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) rose sharply during Tuesday's session after the company updated its 2024 guidance, raising the bottom end of its adjusted EPS outlook to $2.20-$2.25, above analyst <a href="https://www.benzinga.com/24/12/42291862/att-boosts-2024-guidance-targets-22-billion-annual-capital-investment-through-2027-more">estimates of $2.10</a>.
AT&amp;T is modernizing its 5G wireless network, aiming to complete the transition to open, high-capacity technology by 2027. The network, with deep mid-band 5G spectrum, will cover over 300 million people by the end of 2026.
AT&amp;T shares climbed 4.2% to $23.65 on Tuesday.
Here are some other big stocks recording gains in today's session.
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<li>ZJK Industrial Co., Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZJK#NASDAQ">ZJK</a>) shares jumped 258% to $22.69 after the company announced it received a request to produce samples for one of NVIDIA&#8217;s upcoming liquid cooling manifold projects.</li>
<li>Janux Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JANX#NASDAQ">JANX</a>) gained 64% to $65.88 after the company announced updated interim clinical data for its JANX007 program in prostate cancer.</li>
<li>Credo Technology Group Holding Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRDO#NASDAQ">CRDO</a>) surged 43.5% to $68.58 after the company reported better-than-expected second-quarter financial results issued guidance above estimates. Also, multiple firms raised their respective price targets on the stock.</li>
<li>Porch Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRCH#NASDAQ">PRCH</a>) gained 24.5% to $4.6950.</li>
<li>Uxin Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UXIN#NASDAQ">UXIN</a>) climbed 17.2% to $4.95 as the company reported a strategic partnership with CATL&#8217;s subsidiary to develop battery swapping ecosystem for used cars.</li>
<li>Vir Biotechnology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIR#NASDAQ">VIR</a>) rose 14.2% to $9.31.</li>
<li>Core &amp; Main, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNM#NYSE">CNM</a>) shares climbed 14.1% to $55.11 after the company reported better-than-expected quarterly EPS and sales.</li>
<li>BigBear.ai Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBAI#NYSE">BBAI</a>) gained 12.3% to $2.46.</li>
<li>Sunstone Hotel Investors, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHO#NYSE">SHO</a>) surged 10.9% to $11.94.</li>
<li>MP Materials Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MP#NYSE">MP</a>) gained 10.2% to $22.94.</li>
<li>GrafTech International Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAF#NYSE">EAF</a>) shares surged 9.7% to $2.0400.</li>
<li>BingEx Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLX#NASDAQ">FLX</a>) rose 9.3% to $8.48.</li>
<li>JinkoSolar Holding Co., Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JKS#NYSE">JKS</a>) gained 8.2% to $26.72.</li>
<li>Applied Optoelectronics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAOI#NASDAQ">AAOI</a>) jumped 7.8% to $43.93.</li>
<li>Alpha and Omega Semiconductor Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AOSL#NASDAQ">AOSL</a>) gained 7.7% to $44.56.</li>
<li>Zeta Global Holdings Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NYSE">ZETA</a>) surged 6.6% to $25.60.</li>
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Shares of semiconductor companies are trading higher. The Biden administration plans on limiting China's access to advanced chips, chipmaking tools and memory technology due to alleged national security concerns and AI's military potential.

JinkoSolar shares are trading lower after the U.S. Commerce Department set preliminary antidumping tariff rates on solar cells from several Southeast Asian countries.

<a href="https://www.trade.gov/commerce-initiates-antidumping-and-countervailing-duty-investigations-crystalline-silicon" title="https://www.trade.gov/commerce-initiates-antidumping-and-countervailing-duty-investigations-crystalline-silicon">https://www.trade.gov/commerce-initiates-antidumping-and-countervailing-duty-investigations-crystalline-silicon</a>

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U.S. Commerce Dept Sets Preliminary Antidumping Tariff Rate Of 125.37% On Solar Cells From Cambodia; Antidumping Tariff Rate Of 81.22% On Solar Cells From Malaysia; Antidumping Tariff Rate Of 70.36% On Solar Cells From Thailand; Antidumping Tariff Rate Of 271.28% On Solar Cells From Vietnam

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Shares of solar stocks are trading lower following Donald Trump's presidential election victory. Investors may be assessing Trump's policies regarding solar and renewable energy.

<h3>Gainers</h3>
<ul>
<li>DatChat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DATS#NASDAQ">DATS</a>) shares moved upwards by 134.6% to $4.2 during Wednesday's pre-market session. The company's market cap stands at $12.6 million. </li>
<li>FOXO Technologies (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/FOXO#AMEX">FOXO</a>) stock increased by 91.03% to $0.26. The company's market cap stands at $3.5 million. </li>
<li>ARB IOT Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARBB#NASDAQ">ARBB</a>) shares moved upwards by 68.99% to $0.95. The company's market cap stands at $25.2 million. </li>
<li>Phunware (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHUN#NASDAQ">PHUN</a>) stock moved upwards by 27.31% to $8.11. The company's market cap stands at $91.9 million. </li>
<li>Qualys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QLYS#NASDAQ">QLYS</a>) shares increased by 20.79% to $154.9. The company's market cap stands at $5.7 billion. The company's, Q3 earnings came out yesterday. </li>
<li>X3 Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XTKG#NASDAQ">XTKG</a>) shares moved upwards by 17.9% to $0.14. The market value of their outstanding shares is at $37.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>JinkoSolar Holding Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JKS#NYSE">JKS</a>) shares fell 17.4% to $23.25 during Wednesday's pre-market session. The market value of their outstanding shares is at $1.0 billion. </li>
<li>Super Micro Computer (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) shares declined by 17.33% to $22.9. The market value of their outstanding shares is at $13.4 billion. </li>
<li>SolarEdge Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) shares decreased by 16.54% to $15.75. The company's market cap stands at $902.4 million. As per the press release, Q3 earnings came out today. </li>
<li>Canadian Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSIQ#NASDAQ">CSIQ</a>) shares decreased by 15.25% to $13.84. The market value of their outstanding shares is at $915.8 million. </li>
<li>First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) shares decreased by 14.78% to $184.0. The company's market cap stands at $19.6 billion. </li>
<li>Maxeon Solar Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAXN#NASDAQ">MAXN</a>) shares declined by 12.58% to $9.18. The company's market cap stands at $140.3 million. 
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</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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<h3>Gainers</h3>
<ul>
<li>DatChat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DATS#NASDAQ">DATS</a>) shares moved upwards by 134.6% to $4.2 during Wednesday's pre-market session. The company's market cap stands at $12.6 million. </li>
<li>FOXO Technologies (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/FOXO#AMEX">FOXO</a>) stock moved upwards by 91.03% to $0.26. The company's market cap stands at $3.5 million. </li>
<li>ARB IOT Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARBB#NASDAQ">ARBB</a>) stock increased by 68.99% to $0.95. The company's market cap stands at $25.2 million. </li>
<li>Phunware (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHUN#NASDAQ">PHUN</a>) stock rose 27.31% to $8.11. The market value of their outstanding shares is at $91.9 million. </li>
<li>Qualys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QLYS#NASDAQ">QLYS</a>) shares moved upwards by 20.79% to $154.9. The market value of their outstanding shares is at $5.7 billion. The company's, Q3 earnings came out yesterday. </li>
<li>X3 Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XTKG#NASDAQ">XTKG</a>) shares rose 17.9% to $0.14. The company's market cap stands at $37.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>JinkoSolar Holding Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JKS#NYSE">JKS</a>) stock declined by 17.4% to $23.25 during Wednesday's pre-market session. The market value of their outstanding shares is at $1.0 billion. </li>
<li>Super Micro Computer (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) shares fell 17.33% to $22.9. The market value of their outstanding shares is at $13.4 billion. </li>
<li>SolarEdge Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) stock decreased by 16.54% to $15.75. The company's market cap stands at $902.4 million. As per the press release, Q3 earnings came out today. </li>
<li>Canadian Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSIQ#NASDAQ">CSIQ</a>) shares declined by 15.25% to $13.84. The company's market cap stands at $915.8 million. </li>
<li>First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) stock declined by 14.78% to $184.0. The company's market cap stands at $19.6 billion. </li>
<li>Maxeon Solar Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAXN#NASDAQ">MAXN</a>) stock decreased by 12.58% to $9.18. The market value of their outstanding shares is at $140.3 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

JinkoSolar shares are trading higher after the company reported better-than-expected Q3 financial results.

JinkoSolar Holding Company Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JKS#NYSE">JKS</a>) stock is moving higher on Wednesday following the company&#8217;s third-quarter <a href="https://www.benzinga.com//node/41621289">fiscal earnings</a>.
The Details: JinkoSolar reported a loss of 6 cents per share, beating analysts estimate of a loss of 29 cents per share. Sales of $3.49 billion beat analyst estimates of $3.20 billion.
Although quarterly sales surpassed analysts expectations, the reported figure represents a 23% decline year-over-year. The company attributed the year-year-year decease to a decline in the average selling price of solar modules. 
&#8220;While earnings were under pressure across the industry during the quarter, we achieved relatively outstanding results leveraging our leading position in N-type TOPCon technology, competitive products, as well as our global sales and manufacturing networks. Imbalance between supply and demand led to continuous price decline in the end market, causing losses to almost the whole industrial chain,&#8221; said Xiande Li, JinkoSolar&#8217;s Chairman and CEO.
&#8220;As we worked to balance utilization rates, shipments and profitability, prices in the&nbsp;third quarter&nbsp;were stable sequentially, and shipments to the U.S. increased significantly quarter-over-quarter. We also continued to optimize our integrated cost through technical advancements and supply chain management. Gross margin was&nbsp;15.7%, and net income was&nbsp;$3.2 million, both improved significantly sequentially.&#8221;
JinkoSolar reported that quarterly shipments were up 14.7% year-over-year, totaling 25,910 MW. The company said that 23,838 MW were for solar modules and 2,072 MW for cells and wafers.
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JKS Price Action: At the time of publication, JinkoSolar stock is moving 8.13% higher at $26.12, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: Unsplash

What's Going On With JinkoSolar Shares Wednesday?

JinkoSolar Holding Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JKS#NYSE">JKS</a>) reported quarterly losses of $(0.06) per share which beat the analyst consensus estimate of $(0.29) by 79.31 percent. The company reported quarterly sales of $3.490 billion which beat the analyst consensus estimate of $3.200 billion by 9.07 percent. This is a 20.01 percent decrease over sales of $4.363 billion the same period last year.

Earnings Beats

JinkoSolar Holding Co Q3 2024 Adj. EPS $(0.06) Beats $(0.29) Estimate, Sales $3.490B Beat $3.200B Estimate

JinkoSolar Holding Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JKS#NYSE">JKS</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-10-30. Here's what investors need to know before the announcement.
Analysts estimate that JinkoSolar Holding Co will report an earnings per share (EPS) of $-0.29. 
The market awaits JinkoSolar Holding Co's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
<h3>Earnings History Snapshot</h3>
The company's EPS beat by $0.82 in the last quarter, leading to a 0.0% drop in the share price on the following day.
Here's a look at JinkoSolar Holding Co's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.17</td>
<td>-0.76</td>
<td>2.21</td>
<td>1.44</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.99</td>
<td>0.57</td>
<td>1.21</td>
<td>3.31</td>
</tr>
<tr>
<td>Price Change %</td>
<td>6.0%</td>
<td>-3.0%</td>
<td>-5.0%</td>
<td>10.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730224888_0_0.png" alt="eps graph" />
<h3>Performance of JinkoSolar Holding Co Shares</h3>
Shares of JinkoSolar Holding Co were trading at $27.7 as of October 28. Over the last 52-week period, shares are down 22.0%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. 
<a href="https://www.benzinga.com/quote/JKS/earnings">To track all earnings releases for JinkoSolar Holding Co visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

JinkoSolar Holding Co Earnings Preview

<h3>Gainers</h3>
<ul>
<li>BIO-key Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKYI#NASDAQ">BKYI</a>) stock rose 92.7% to $1.33 during Tuesday's regular session. The company's market cap stands at $4.0 million. </li>
<li>Cemtrex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CETX#NASDAQ">CETX</a>) shares moved upwards by 19.45% to $0.32. </li>
<li>CommVault Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVLT#NASDAQ">CVLT</a>) stock increased by 19.16% to $163.22. The company's market cap stands at $7.1 billion. As per the press release, Q2 earnings came out today. </li>
<li>Canaan (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAN#NASDAQ">CAN</a>) stock moved upwards by 17.45% to $1.25. The market value of their outstanding shares is at $358.2 million. </li>
<li>Greenidge Generation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GREE#NASDAQ">GREE</a>) stock increased by 16.17% to $2.73. The market value of their outstanding shares is at $29.1 million. </li>
<li>Cadence Design Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDNS#NASDAQ">CDNS</a>) shares moved upwards by 12.5% to $284.37. The market value of their outstanding shares is at $77.8 billion. The company's, Q3 earnings came out yesterday. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Daqo New Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DQ#NYSE">DQ</a>) stock fell 24.8% to $21.91 during Tuesday's regular session. The market value of their outstanding shares is at $1.4 billion. </li>
<li>Harmonic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HLIT#NASDAQ">HLIT</a>) stock declined by 24.67% to $11.16. The company's market cap stands at $1.3 billion. The company's, Q3 earnings came out yesterday. </li>
<li>SMX (Security Matters) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMX#NASDAQ">SMX</a>) shares declined by 18.34% to $0.39. The market value of their outstanding shares is at $2.4 million. </li>
<li>Xerox Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XRX#NASDAQ">XRX</a>) shares declined by 18.29% to $8.4. The market value of their outstanding shares is at $1.0 billion. As per the news, the Q3 earnings report came out today. </li>
<li>Phunware (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHUN#NASDAQ">PHUN</a>) shares fell 14.73% to $9.01. The company's market cap stands at $102.1 million. </li>
<li>JinkoSolar Holding Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JKS#NYSE">JKS</a>) shares decreased by 14.59% to $23.66. The company's market cap stands at $1.0 billion. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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