CNEY Stock Moves Pre-Market After CN Energy Gets U.S. Robot-Sorting Order
CN Energy Group shares gave up ground in early after-hours trading Friday. The move came after the company said its Pathenbot unit signed a 100,000-unit order for intelligent cargo-sorting services in the U.S., as the Chinese group tries to grow its warehouse robotics business. CN Energy did not name the customer or put a value on the deal. CNEY changed hands at $1.66 at 7:59 a.m. Eastern, down 2.3% in extended trading, after ending Thursday at $1.70, up 15.7%, MarketBeat data showed. Extended trading covers buys and sells outside regular market hours, when prices can swing on lower volume.