5 Worst Performing NASDAQ Stocks So Far in 2026

4. Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT)

Year-to-Date Performance: -98.91%

Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) is one of the worst performing NASDAQ stocks so far in 2026. On April 16, Cheetah Net Supply Chain Service entered a Share Transfer Agreement to acquire 100% of Super International Trading Limited, a Hong Kong-based firm specializing in large-scale industrial equipment trading. The total purchase price is ~$4.98 million in cash. The deal is expected to close within three months, at which point Super International will become a wholly owned subsidiary of the company.

The agreement includes a performance-based provision requiring the seller to guarantee a minimum of $10 million in annual revenue for the first 3 years post-acquisition. Shortfalls must be compensated in cash to Cheetah Net, while revenue exceeding the $10 million threshold over five years will trigger additional cash or equivalent payments to the transferor.

Cheetah Net expects the acquisition to enhance its cross-border trading capabilities and expand its supply chain service offerings. By integrating Super International’s established supplier relationships and customer base, the company aims to create strategic synergies with its existing logistics infrastructure and reinforce its market position as an integrated service provider.

Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) provides global logistics, warehousing, and freight forwarding services for diverse goods. Formerly known as Yuan Qiu Business Group, the company facilitates international trade through comprehensive ocean, air, and trucking solutions.