Dragonfly Energy shares are trading higher after the company said it will be awarded a new US patent.
Portfolio Pulse from Benzinga Newsdesk
Dragonfly Energy announced that it will be awarded a new US patent, leading to a rise in its share prices.
July 13, 2023 | 11:36 am
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Dragonfly Energy's stock price is likely to increase in the short term due to the announcement of a new US patent.
The announcement of a new patent typically indicates a company's innovation and potential for growth, which can attract investors and drive up the stock price. Given that Dragonfly Energy's shares are already trading higher following the announcement, it's likely that this trend will continue in the short term.
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