Chindata Group (NASDAQ:CD) Stock Falls 8.6% – Here’s What Happened

Posted by Francis Steltz on Oct 21st, 2026

Chindata Group Holdings Limited (NASDAQ:CD – Get Free Report)’s stock price traded down 8.6% during trading on Wednesday. The stock traded as low as $7.65 and last traded at $7.74. Approximately 31,227 shares were traded during mid-day trading, a decline of 85% from the average session volume of 208,632 shares. The stock had previously closed at $8.47.

Analyst Upgrades and Downgrades

CD has been the topic of several research reports. Wall Street Zen raised Chindata Group from a “sell” rating to a “hold” rating in a research report on Saturday, October 3rd. Weiss Ratings lowered Chindata Group from a “sell (d)” rating to a “sell (e+)” rating in a research report on Thursday, October 8th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock presently has an average rating of “Sell”.

Check Out Our Latest Stock Analysis on Chindata Group

Chindata Group Trading Down 17.8%

The company has a market capitalization of $765.60 million, a PE ratio of -232.00 and a beta of 5.06. The business’s fifty day moving average is $4.91 and its two-hundred day moving average is $5.00.

Chindata Group (NASDAQ:CD – Get Free Report) last issued its earnings results on Friday, August 14th. The company reported ($0.01) EPS for the quarter. The business had revenue of $0.46 million during the quarter.

Hedge Funds Weigh In On Chindata Group

An institutional investor recently raised its stake in Chindata Group stock. Bank of America Corp DE raised its stake in shares of Chindata Group Holdings Limited (NASDAQ:CD – Free Report) by 11.8% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 35,834 shares of the company’s stock after acquiring an additional 3,792 shares during the period. Bank of America Corp DE’s holdings in Chindata Group were worth $143,000 as of its most recent SEC filing. 30.82% of the stock is owned by hedge funds and other institutional investors.

About Chindata Group

(Get Free Report)

Chindata Group Holdings Limited was a data center solution provider focused on serving cloud service providers, internet companies and other enterprise customers in emerging markets across the Asia-Pacific region. The company developed and operated hyperscale data center campuses and provided supporting infrastructure for customers with large-scale computing and storage requirements.

Its services included data center planning, design, construction and operation, as well as facilities management, network connectivity and related information technology infrastructure services.