SOS Ltd (SOS) Stock Dives Amid Market Volatility

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Dec 18, 2024

SOS Ltd (SOS, Financial) experienced a significant stock drop of 6.74%, trading at $7.20 per share with a volume of 34,123 shares and a turnover rate of 2.59%. The stock's volatility reached 5.57%. Recent financial reports show SOS Ltd generated $60.51 million in revenue but faced a net loss of $10.90 million, resulting in an earnings per share (EPS) of -$4.49 and a gross profit of $2.43 million. The company's price-to-earnings (P/E) ratio stands at -1.80. Currently, there are no institutional ratings suggesting a buy, hold, or sell.

In the capital market sector where SOS Ltd operates, the overall decline was 1.67%. Notable performers in the sector included Lion Group Holding Ltd and Abits Group Inc, with significant gains. Active stocks included Lion Group Holding Ltd, Cleanspark, Inc., and Bit Digital, with notable turnover rates.

SOS Ltd is a diversified company leveraging big data for marketing solutions and participating in blockchain, cryptocurrency, and commodity trading. Its main revenue comes from commodity trading.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.