Streetbeat News

CREV

Carbon Revolution Public Limited Ordinary Shares

https://www.carbonrev.com

Industry

Auto - Parts

Carbon Revolution Public Limited Company manufactures and sells carbon fibre wheels to original equipment vehicle manufacturers for the automotive industry worldwide. It also provides associated engineering services; and sells tools. The company was founded in 2007 and is based in Dublin, Ireland.

Open

2.94

Mkt cap

6.8M

Volume

76K

High

3.76

P/E Ratio

-0.17

52-wk high

68.84

Low

2.94

Div yield

N/A

52-wk low

2.61

Carbon Revolution announced that OIC has released an additional $5M from a $35M escrowed facility, totaling $30M released so far. In return, Carbon Revolution issued a warrant to OIC for 2.5% of its outstanding shares.

Portfolio Pulse from Nabaparna Bhattacharya

September 06, 2024 | 10:37 am

Saia, Inc. (NASDAQ:SAIA) shares fell 18.6% after reporting worse-than-expected Q2 earnings and sales. Other notable movers include BurgerFi International, Inc. (NASDAQ:BFI) up 117.4% after a legal settlement, and DexCom, Inc. (NASDAQ:DXCM) down 40.7% due to disappointing Q2 revenue and weak FY24 guidance.

Portfolio Pulse from Avi Kapoor

July 26, 2024 | 5:26 pm

Carbon Revolution shares are trading higher after the company reported it has partnered with GM to provide carbon fiber wheels for the Chevrolet Corvette ZR1.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 2:19 pm

Carbon Revolution (NASDAQ:CREV) shares surged after announcing it will supply carbon fiber wheels for the new Chevrolet Corvette ZR1 by General Motors (NYSE:GM). The wheels feature a unique internal fiber architecture to meet GM's specifications. The 2025 Corvette ZR1, revealed by GM, boasts a twin-turbocharged V8 engine with over 1,000 horsepower.

Portfolio Pulse from Erica Kollmann

July 26, 2024 | 1:39 pm

Market-Moving News for July 26th: Carbon Revolution (CREV) teams up with GM to provide carbon fiber wheels for the Chevrolet Corvette ZR1, Windtree Therapeutics (WINT) withdraws its registration statement, and Coursera (COUR) shares rise after beating Q2 earnings estimates.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 12:22 pm

Shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) surged 17.4% in pre-market trading after reporting better-than-expected quarterly earnings and sales. Other notable pre-market movers include Windtree Therapeutics, Inc. (NASDAQ:WINT) up 110.3%, BurgerFi International, Inc. (NASDAQ:BFI) up 83%, and DexCom, Inc. (NASDAQ:DXCM) down 37% due to weak revenue results.

Portfolio Pulse from Avi Kapoor

July 26, 2024 | 9:57 am

Carbon Revolution has partnered with General Motors (GM) to supply carbon fiber wheels for the Chevrolet Corvette ZR1. This collaboration is expected to enhance the performance and appeal of the Corvette ZR1.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 5:52 am

General Dynamics Corporation (NYSE:GD) shares fell 5.2% after reporting worse-than-expected Q2 EPS results despite revenue growth. Other notable stock movements include significant gains for NuZee, Inc. (NASDAQ:NUZE) and Dermata Therapeutics, Inc. (NASDAQ:DRMA), and declines for Azitra, Inc. (NYSE:AZTR) and Tesla, Inc. (NASDAQ:TSLA).

Portfolio Pulse from Avi Kapoor

July 24, 2024 | 5:26 pm

Carbon Revolution has secured a $25 million financing agreement with Orion Infrastructure Capital. This funding is expected to support the company's growth and expansion plans.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:21 pm

Natera, Inc. shares surged 15% in pre-market trading following strong Q1 earnings, outperforming market expectations with lower losses and higher sales. Other stocks also showed significant pre-market movements, with notable gainers including Novavax, AEye, and Sensus Healthcare, and losers like MacroGenics and Progyny due to disappointing financial results.

Portfolio Pulse from Avi Kapoor

May 10, 2024 | 12:44 pm

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