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ZW Data Action Technologies ( (CNET) ) has shared an update.
On October 1, 2025, ZW Data Action Technologies Inc. issued 608,800 restricted shares of common stock to various investors, including accredited and non-US persons and entities. The shares were sold at $2.10 each, generating approximately $1,278,480 in gross proceeds, potentially impacting the company’s financial position and market engagement.
Spark’s Take on CNET Stock
According to Spark, TipRanks’ AI Analyst, CNET is a Underperform.
ZW Data Action Technologies is struggling with severe financial instability, marked by declining revenues and consistent losses. The technical analysis suggests a lack of upward momentum, while valuation metrics highlight the risks due to negative earnings. Without clear signs of improvement in financial performance or positive corporate developments, the stock remains highly risky.
To see Spark’s full report on CNET stock, click here.
More about ZW Data Action Technologies
Average Trading Volume: 167,744
Technical Sentiment Signal: Hold
Current Market Cap: $6.13M
See more insights into CNET stock on TipRanks’ Stock Analysis page.