Streetbeat News

GWAV

Greenwave Technology Solutions, Inc.

https://www.greenwavetechnologysolutions.com

Industry

Waste Management

Greenwave Technology Solutions, Inc., through its subsidiary, Empire Services, Inc., operates metal recycling facilities in Virginia and North Carolina. The company, through its 11 metal recycling facilities, collects, classifies, and processes raw scrap ferrous and nonferrous metals for recycling iron, steel, aluminum, copper, lead, stainless steel, and zinc. It is involved in the purchasing and selling processed and unprocessed scrap metals to steel mills and other purchasers. The company was formerly known as MassRoots, Inc and changed its name to Greenwave Technology Solutions, Inc. in October 2021. The company was founded in 2002 and is headquartered in Suffolk, Virginia.

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Shares of companies within the broader industrial sector are trading lower amid overall market weakness on US economic concerns. An economic slowdown could impact demand.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:40 pm

Shares of companies within the broader industrial sector are trading lower amid overall market weakness following weak US data.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:47 pm

The article highlights the pre-market movements of 12 industrial stocks on Wednesday. Notable gainers include Mesa Air Group (MESA), Greenwave Technology Solutions (GWAV), and Expion360 (XPON). Significant losers include Solidion Technology (STI), AERWINS Technologies (AWIN), and Nauticus Robotics (KITT).

Portfolio Pulse from Benzinga Insights

June 19, 2024 | 12:06 pm

Greenwave Technology Solutions, Inc. (NASDAQ: GWAV) shares are trading higher after the company announced the completion of its recapitalization, strengthening its balance sheet by $80.5 million and achieving a cash balance of over $26 million. The company projects revenue exceeding $40 million in 2024 and plans to expand its technology platform and AI development.

Portfolio Pulse from Erica Kollmann

June 18, 2024 | 3:37 pm

Greenwave Technology shares are trading higher after the company completed its recapitalization.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 12:44 pm

Greenwave Technology Solutions has significantly strengthened its balance sheet by $80.5 million since February and attracted $45.3 million in new capital since March. The company's business plan is now fully funded with no current need for additional capital.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 12:38 pm

The article highlights the pre-market movements of 12 industrial stocks on Tuesday. Notable gainers include Mesa Air Group (MESA), Energy Focus (EFOI), and Greenwave Technology Solutions (GWAV). Significant losers include Solidion Technology (STI) and AERWINS Technologies (AWIN).

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 12:07 pm

Chegg, Inc. (NYSE:CHGG) shares surged 20.7% in pre-market trading following the announcement of a restructuring plan, including a 23% headcount reduction and a focus on international programs. Other notable pre-market movers include Actelis Networks, Inc. (NASDAQ:ASNS) up 112.2%, NLS Pharmaceutics AG (NASDAQ:NLSP) up 62.8%, and Mustang Bio, Inc. (NASDAQ:MBIO) up 46.7%. On the losing side, AERWINS Technologies Inc. (NASDAQ:AWIN) fell 48.8% and Quantum Corporation (NASDAQ:QMCO) dropped 38%.

Portfolio Pulse from Avi Kapoor

June 18, 2024 | 9:28 am

Greenwave Technology Solutions has regained compliance with Nasdaq's listing requirements, ensuring its continued listing on the exchange.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:34 am

Shares of Contango Ore, Inc. (NYSE:CTGO) fell sharply by 18.4% after the company announced a $15 million underwritten public offering. Other notable stock movements include Trio Petroleum Corp. (NYSE:TPET) jumping 88.2% after completing its first two exploratory wells, and Airship AI Holdings, Inc. (NASDAQ:AISP) climbing 32.5% following a contract award from the Department of Justice.

Portfolio Pulse from Avi Kapoor

June 11, 2024 | 5:54 pm

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