Trade Full Truck Alliance Co. Ltd. - YMM CFD

Trading Conditions

• TypeThis financial instrument is available for trading through CFDs and Knock-outs.Knock-out options available only for selected countries.Learn more about:CFDsKnock-outs:
  CFD

  

  Knock-out

  
• Spread: 0.09
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.021568 %(-$1.08)Trade size with leverage ~ $5,000.00Money from leverage ~$4,000.00Go to platform: -0.02157%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.000654 %(-$0.03)Trade size with leverage ~ $5,000.00Money from leverage ~$4,000.00Go to platform: -0.00065%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 20.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.021568 %
  (-$1.08)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.000654 %
  (-$0.03)

Key Stats

• Prev. Close: 9.51
• Open: 9.52
• 1-Year Change: -16.86%
• Day's Range: 9.44 - 9.54

Trade Full Truck Alliance Co. Ltd. - YMM

Keep up-to-date with the Full Truck Alliance share price using Capital.com’s live chart.

Full Truck Alliance Co. (FTA) offers one of the world’s leading commercial freight platforms. Often dubbed the ‘Uber for trucks’, the company provides a matchmaking service between shippers and truckers, allowing for the more efficient transportation of goods. The Nanjing-registered company holds a significant share of the Chinese digital freight market, with five million shippers and ten million truckers using the platform in 2020. 

FTA went public in June 2021, listing its shares on the NASDAQ under the ticker symbol YMM. 

Join Capital.com today to stay on top of the latest changes in the Full Truck Alliance stock price.

FTA was formed in 2017 following the merger of freight companies Guiyang Huochebang Technology Co Ltd and Beijing Yunmanman Technology Co Ltd. The company’s chief executive officer, Peter Hui Zhang, previously worked for Chinese e-commerce giant Alibaba (BABA).

FTA’s core business model revolves around subscriptions to its platform, but shippers can access a range of credit and insurance services, and truckers can use applications to assist in the management of electronic toll collections and traffic tickets, as well as credit and insurance solutions. 

The rise in e-commerce as a result of the COVID-19 pandemic helped FTA grow its user base. In December 2020, the company had 1.3 million shipper monthly active users (MAUs), up 42.2% from December 2019.

With Capital.com’s comprehensive YMM stock price chart, you can quickly view the company’s current share price and past performance.

On 27 May 2021, FTA filed F-1 with the Securities Exchange Commission (SEC). On 15 June, the company set the initial share price range at $17-$19.

The initial public offering (IPO) took place on 21 June 2021. FTA sold 82.5 million American Depositary Shares (ADSs), which represented 1,650 million Class A ordinary shares. The company raised a total of $1.568bn. With 21.73 billion ordinary shares outstanding, the IPO pricing gave the business a valuation of $20.64bn.  

During the first trading session, the Full Truck Alliance Co. (YMM) share price rose to an intraday high of $22.80, before falling to a low of $21.00 and ending the day at $21.50 a share.

You can trace all the ups and downs of the YMM stock price live, and go long or short with contracts for difference (CFDs) on Capital.com’s proprietary trading platform.