Streetbeat News

DFLI

Dragonfly Energy Holdings Corp.

Industry

Electrical Equipment & Parts

Dragonfly Energy Holdings Corp. manufactures and supplies deep cycle lithium-ion batteries for RVs, marine vessels, off-grid installations, and other storage applications. It also focuses on delivering an energy storage solution to enable a sustainable and reliable smart grid through the deployment of its solid-state cell technology. The company is headquartered in Reno, Nevada.

Open

0.55

Mkt cap

33M

Volume

249K

High

0.55

P/E Ratio

-1.03

52-wk high

1.46

Low

0.51

Div yield

N/A

52-wk low

0.42

Travelers Companies, Inc. (TRV) shares fell by 8.1% after reporting mixed Q1 earnings, missing the consensus forecast. Other stocks showed significant movement, with INVO Bioscience, Inc. (INVO) and Edible Garden AG (EDBL) among the top gainers, while ICZOOM Group Inc. (IZM) and Sunshine Biopharma, Inc. (SBFM) led the losers. The market saw a wide range of stock performance, influenced by earnings reports, strategic agreements, and analyst ratings.

Portfolio Pulse from Avi Kapoor

April 17, 2024 | 5:36 pm

In Wednesday's pre-market session, several industrials stocks showed significant movement. Agrify (AGFY) led the gainers with a 65.9% increase following its Q4 earnings report. Other notable gainers include Pineapple Energy (PEGY), Complete Solaria (CSLR), and Beam Global (BEEM), with their stocks rising due to various factors. On the losing side, iSun (ISUN) experienced the largest drop of 12.7% after its Q4 earnings release, followed by Castor Maritime (CTRM) and Dragonfly Energy Holdings (DFLI). The movements were largely influenced by recent earnings reports.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 12:08 pm

INVO Bioscience shares surged 73% in pre-market trading after reporting a 397% increase in quarterly revenue. Other stocks also showed significant movement in pre-market trading, with notable gainers including Mobile Global Esports, Chromocell Therapeutics, and Clene Inc., and losers like Connexa Sports Technologies and Dynatronics Corporation.

Portfolio Pulse from Avi Kapoor

April 17, 2024 | 10:13 am

In Tuesday's after-market session, several industrials stocks saw significant movements. Ideanomics, Sentage Holdings, and United Airlines Holdings were among the gainers, with United Airlines reporting Q1 earnings. Desktop Metal and Smart Power also rose, with Smart Power releasing Q4 earnings. Conversely, Dragonfly Energy Holdings, Greenland Technologies, and JB Hunt Transport Services were among the losers, with both Dragonfly and JB Hunt reporting their Q4 and Q1 earnings respectively.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 8:31 pm

Skillsoft Corp. shares fell by 26.7% after reporting mixed Q4 results and lower-than-expected FY25 revenue guidance. Other stocks moved significantly in Tuesday's session, with notable gainers including WiSA Technologies and Palisade Bio, and losers like Barnes & Noble Education and Calidi Biotherapeutics.

Portfolio Pulse from Avi Kapoor

April 16, 2024 | 6:17 pm

Chardan Capital analyst Brian Dobson maintains a Buy rating on Dragonfly Energy Holdings (DFLI) with a maintained price target of $3.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 3:06 pm

Roth MKM analyst Chip Moore has initiated coverage on Dragonfly Energy Holdings (DFLI) with a Buy rating and set a price target of $0.9.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 2:00 pm

Macatawa Bank Corporation's shares surged 37% in pre-market trading following the announcement of a definitive merger agreement with Wintrust Financial Corporation, where Wintrust will acquire Macatawa in an all-stock transaction. Other stocks also showed significant movement in pre-market trading, with notable gainers including Dynatronics Corporation, Dragonfly Energy Holdings Corp., and WiSA Technologies, Inc., among others. Conversely, several companies experienced declines, such as Ryvyl Inc., Inovio Pharmaceuticals, Inc., and Calidi Biotherapeutics, Inc., due to various factors including public offerings and disappointing financial results.

Portfolio Pulse from Avi Kapoor

April 16, 2024 | 12:14 pm

In Tuesday's pre-market session, several industrials stocks showed significant movement. Dragonfly Energy Holdings (DFLI) and Agrify (AGFY) reported Q4 earnings, leading to a 56.0% increase in DFLI's stock to $0.7 and an 8.69% rise in AGFY's stock to $0.32. Markforged Holding (MKFG), Enovix (ENVX), noco-noco (NCNC), and Castor Maritime (CTRM) also saw gains. Conversely, Skillsoft (SKIL) reported Q4 earnings, resulting in a 19.6% decrease in its stock to $7.4. Complete Solaria (CSLR), Flux Power Holdings (FLUX), Lennox Intl (LII), Erayak Power Solution Gr (RAYA), and NN (NNBR) experienced declines.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 12:07 pm

Dragonfly Energy Holdings' shares surged following the announcement of Q4 earnings per share (EPS) results that exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 11:56 am

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