Streetbeat News

NVVE

Nuvve Holding Corp.

https://www.nuvve.com

Industry

Specialty Retail

Nuvve Holding Corp., a green energy technology company, develops and commercializes vehicle-to-grid (V2G) technology in North America, Europe, and Japan. The company offers fleet and electric bus charging solutions, and V1G and V2G charging stations based on Grid Integrated Vehicle, a V2G technology platform that enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services. Its V2G technology also links EV batteries into a virtual power plant that sells excess power to utility companies or utilizes saved power to reduce building energy peak consumption. The company was founded in 2010 and is headquartered in San Diego, California.

Open

3.41

Mkt cap

2.2M

Volume

18K

High

3.60

P/E Ratio

-0.02

52-wk high

86.00

Low

3.22

Div yield

N/A

52-wk low

3.22

Trading on NVVE was halted at 7:50:00 p.m. ET due to pending news. The halt is in place to manage market orderliness and ensure a fair trading environment until the pending news is released to the public.

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Portfolio Pulse from Avi Kapoor

January 19, 2024 | 1:13 pm

KeyCorp (NYSE:KEY) shares dropped by 5.4% to $13.10 after reporting Q4 financial results with revenues of $1.538 billion, down 19% Y/Y, but slightly above consensus. Adjusted EPS of 25 cents also exceeded expectations. Other stocks experienced significant movements in Thursday's mid-day session, with various companies reporting gains due to different reasons such as acquisitions, financial results, and analyst upgrades. Conversely, several companies saw their shares fall due to negative news such as voluntary delisting, reverse stock splits, and disappointing earnings guidance.

Portfolio Pulse from Avi Kapoor

January 18, 2024 | 6:08 pm

Nuvve Holding Corp. (NASDAQ:NVVE) announced a 1-for-40 reverse stock split effective Jan. 19, 2024, with trading on a split-adjusted basis starting Jan. 22, 2024. The reverse stock split will reduce the number of outstanding shares from approximately 49.9 million to about 1.3 million. The action aims to comply with Nasdaq's minimum bid price requirement for continued listing. Following the news, NVVE shares fell by 13.2% to $0.0875.

Portfolio Pulse from Nabaparna Bhattacharya

January 18, 2024 | 4:05 pm

M.D.C. Holdings, Inc. (NYSE:MDC) shares rose by approximately 17% in pre-market trading after announcing an acquisition agreement with Sekisui House, Ltd., where a subsidiary of Sekisui House will acquire MDC for $4.9 billion in cash. Other stocks experienced significant movement in pre-market trading, with notable gainers including Lytus Technologies Holdings PTV. Ltd. (LYT) and Marpai, Inc. (MRAI), and losers such as Aravive, Inc. (ARAV) and Nuvve Holding Corp. (NVVE).

Portfolio Pulse from Avi Kapoor

January 18, 2024 | 12:52 pm

Nuvve Holding Corp. has announced a 1-for-40 reverse stock split, which is set to take effect on January 19, 2024. This corporate action is typically used by companies to boost their stock price by reducing the number of shares outstanding, which can help them meet minimum price requirements for stock exchanges and improve investor perceptions.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 11:07 am

In Wednesday's pre-market session, several industrial stocks showed significant movement. KULR Tech Gr, AERWINS Technologies, Eos Energy Enterprises, Ideanomics, Velo3D, and Ocean Power Techs were gainers, with increases ranging from 5.48% to 10.1%. Conversely, TuSimple Hldgs, Spirit Airlines, Gol Linhas Aereas, Nauticus Robotics, Bitcoin Depot, and Nuvve Holding were losers, with declines ranging from 6.68% to 29.2%.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 1:05 pm

During Monday's intraday session, several industrial stocks experienced significant movements. Applied UV (AUVI) saw a 67.9% increase, while Momentus (MNTS) dropped by 24%. Other notable gainers include Compx Intl (CIX), Nuburu (BURU), Nuvve Holding (NVVE), Captivision (CAPT), and Marti Techs (MRT). Conversely, Swvl Hldgs (SWVL), Mega Matrix (MPU), Bitcoin Depot (BTM), ZKH Group (ZKH), and SOS (SOS) were among the losers.

Portfolio Pulse from Benzinga Insights

January 15, 2024 | 5:30 pm

In Monday's pre-market session, several industrial stocks experienced significant movements. Nuvve Holding (NVVE) saw a 30.9% increase, while Applied UV (AUVI) rose by 25.43%. Aeries Technology (AERT) and Roma Green Finance (ROMA) also gained, with increases of 19.92% and 18.56% respectively. TPI Composites (TPIC) and Applied UV's preferred shares (AUVIP) both saw gains. Conversely, Momentus (MNTS), VCI Global (VCIG), iSun (ISUN), KULR Tech Gr (KULR), Bitcoin Depot (BTM), and Sentage Hldgs (SNTG) experienced declines, with MNTS dropping by 39.2%.

Portfolio Pulse from Benzinga Insights

January 15, 2024 | 1:05 pm

Wipro Limited (NYSE:WIT) shares surged over 16% after reporting Q3 results, guidance, and an interim dividend. Other stocks showed significant movement in Friday's mid-day session, with various gainers such as Charge Enterprises, Inc. (NASDAQ:CRGE) and losers like Genius Group Limited (NYSE:GNS). Notable movements included Flexsteel Industries, Inc. (NASDAQ:FLXS) rising after strong Q2 preliminary results and Delta Air Lines, Inc. (NYSE:DAL) falling post Q4 financial results and 2024 guidance.

Portfolio Pulse from Avi Kapoor

January 12, 2024 | 6:28 pm

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