Streetbeat News

VLCN

Volcon, Inc.

Industry

Auto - Manufacturers

Volcon, Inc. develops, manufactures, and sells electric off road powersport vehicles in the United States and Latin America. It provides electric two and four-wheel motorcycles, and utility terrain vehicles through its dealers. The company also offers a line of upgrades and accessories. Its products are designed for family off-road adventures, and work on the farm and fun transport around private land applications. The company was formerly known as Frog ePowersports, Inc. and changed its name to Volcon, Inc. in October 2020. Volcon, Inc. was incorporated in 2020 and is headquartered in Round Rock, Texas.

Open

0.78

Mkt cap

3.7M

Volume

980K

High

0.78

P/E Ratio

N/A

52-wk high

4009.50

Low

0.70

Div yield

N/A

52-wk low

0.70

Volcon received a deficiency letter from Nasdaq on Dec 19, indicating that the company does not meet the minimum bid price requirement as per Nasdaq Listing Rule 5550(a)(2), according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 10:27 pm

RayzeBio, Inc. (RYZB) shares surged 100% after announcing its acquisition by Bristol Myers Squibb for $62.50 per share in cash, valuing the deal at $4.1 billion. Other stocks also moved significantly in Tuesday's mid-day session, with ARB IOT Group Limited (ARBB) and IMAC Holdings, Inc. (BACK) among the top gainers, while PARTS iD, Inc. (ID) and Milestone Pharmaceuticals Inc. (MIST) were among the top losers.

Portfolio Pulse from Avi Kapoor

December 26, 2023 | 6:48 pm

In Tuesday's intraday session, several consumer discretionary stocks experienced significant movements. Volcon (VLCN) saw a sharp increase of 61.0%, while Vince Holding (VNCE) and Dogness (Intl) (DOGZ) also posted notable gains. Conversely, PARTS iD (ID) suffered a steep decline of 43.3%, with Golden Heaven Group Hldgs (GDHG) and Vroom (VRM) also experiencing losses. The movements reflect changes in market capitalization for these companies, with Tupperware Brands (TUP) also among the gainers and Yoshitsu Co (TKLF) reporting a drop following its H1 earnings release two days prior.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 5:31 pm

Sentage Holdings Inc. (SNTG) shares dropped by 5.1% in pre-market trading after reporting a loss of 46 cents per share for the six months ended June 30, 2023, compared to a loss of 41 cents per share in the previous year. The company's total operating revenue was $82, down from $0.18 million year-over-year. Other stocks experienced pre-market movements, with notable gainers including Volcon, Inc. (VLCN), Gracell Biotechnologies Inc. (GRCL), and AERWINS Technologies Inc. (AWIN), and significant losers such as NextPlay Technologies, Inc. (NXTP), Prospector Capital Corp. (LDTC), and Vroom, Inc. (VRM).

Portfolio Pulse from Avi Kapoor

December 26, 2023 | 1:01 pm

Volcon Inc. (NASDAQ:VLCN) provided an update on the development of its Stag model, addressing previous supply chain issues. The company clarified that the issues are limited to two components requiring software and hardware updates. Once updated, a short testing phase will follow. Most components are ready for production, and the U.S. Army Corps will receive the initial shipments. Volcon anticipates starting shipments in Q1 2024, reflecting its commitment to quality in the electric powersports market.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 2:28 pm

In Thursday's after-market session, several consumer discretionary stocks saw movement. Tuniu, Color Star Tech, ToughBuilt Industries, Snap One Holdings, and Aterian experienced gains, while Amesite, Lottery.com, Connexa Sports Techs, Nike, Volcon, and Cenntro Electric Group faced declines. Nike's drop was notable following its Q2 earnings report.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 9:31 pm

In Tuesday's intraday session, several consumer discretionary stocks saw significant movements. Secoo Holding (SECO) surged 25.5%, REE Automotive (REE) gained 21.14%, and Yoshiharu Global (YOSH) rose 20.11%. Conn's (CONN) increased by 19.64% following their Q3 earnings release. On the downside, Harbor Custom Dev (HCDI) dropped 19.9%, Visionary Education Tech (GV) fell 16.56%, and U Power (UCAR) declined by 15.76%. Other notable decliners included Esports Entertainment (GMBLP), Volcon (VLCN), and JOANN (JOAN).

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 5:32 pm

In Monday's after-market session, several consumer discretionary stocks experienced movement. Nogin, Sacks Parente Golf, ToughBuilt Industries, PARTS iD, Uxin, and D-MARKET Electronic saw gains, with Nogin leading at an 8.2% increase. On the downside, Kaixin Auto Holdings, Kaival Brands Innovations, Lucid Group, Volcon, Aterian, and Jeffs Brands faced losses, with Kaixin Auto Holdings dropping by 12.4%. The movements reflect changes in investor sentiment and market dynamics for these individual stocks.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 9:31 pm

In Monday's intraday session, several consumer discretionary stocks experienced significant movements. Boqii Holding (BQ) surged 31.5%, while Rent the Runway (RENT) rose 26.44% following their recent Q3 earnings report. Macy's (M) gained 20.64%, and 17 Education & Technology (YQ) increased by 15.63% after their Q3 earnings. JX Luxventure (JXJT) and LightInTheBox Holding (LITB) also saw gains. Conversely, Esports Entertainment (GMBLP), U Power (UCAR), Farfetch (FTCH), Volcon (VLCN), China Liberal Education (CLEU), and Xponential Fitness (XPOF) faced declines, with GMBLP dropping 49%.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 5:31 pm

NYC Mayor Adams has announced a 'Charge Safe, Ride Safe' plan, which includes a pilot program for delivery workers to safely charge lithium-ion batteries in public spaces and outside of residences. This initiative aims to support the safe use of e-bikes and prevent deadly accidents related to battery charging.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 3:45 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.