Cars.com Inc will replace DSP Group Inc in the S&P SmallCap 600 before the opening of trading on December 2.S&P MidCap 400 constituent Synaptics Inc is acquiring DSP Group in a deal likely to be completed by December 2.Cars.com is an online destination for buying and selling new and used vehicles.Recently, Cars.com reported third-quarter FY21 revenue of $156.55 million, up 8% year-on-year, above the consensus of $156.28 million. EPS was $0.03 versus $ last year.Cars.com sees Q4 revenue of $157.5
NIO shares rose more than 10% in early trading.Nio Inc plans to begin taking bookings for its electric sedan ET7 from mid-January onwards, cnEVportreported, citing the team working on the model.The ET7 is the fourth vehicle to go on sale from Nio’s lineup of electric vehicles.Nio launched the flagship sedan ET7 in January at the company’s annual day, complete with its second-generation electric drive system, and it is expected to compete with Tesla Inc’s Model S sedan.