tiprankstipranks
Company Announcements

GDS Holdings Clarifies Speculations on DayOne Data Centers IPO

Story Highlights
GDS Holdings Clarifies Speculations on DayOne Data Centers IPO

Discover the Best Stocks and Maximize Your Portfolio:

GDS Holdings Ltd. ( (HK:9698) ) just unveiled an update.

GDS Holdings Limited issued a clarification regarding speculations about DayOne Data Centers Limited’s potential initial public offering. The company, which owns 35.6% of DayOne, stated that DayOne currently has no definitive plans for an IPO and cautioned investors against relying on media speculations, emphasizing the importance of consulting official company announcements for accurate information.

More about GDS Holdings Ltd.

GDS Holdings Limited operates in the data center industry, providing high-performance data center solutions. The company is known for its weighted voting rights structure and its American depositary shares are traded on the Nasdaq Global Market under the symbol GDS.

YTD Price Performance: 28.57%

Average Trading Volume: 766

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €5.22B

For a thorough assessment of 9698 stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1