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 announced a 1-for-45 reverse stock split, leading to its shares trading lower.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 1:38 pm

Nextracker Inc. (NASDAQ:NXT) shares surged by around 20% in pre-market trading after reporting Q3 earnings and revenue that significantly beat analyst expectations. Other stocks also showed notable movements in pre-market trading, with several companies experiencing gains due to various factors, including earnings reports, compliance news, and strategic announcements. Conversely, some stocks faced declines due to negative earnings reports, reverse stock splits, and other adverse news.

Portfolio Pulse from Avi Kapoor

February 01, 2024 | 12:51 pm

Volcon Inc. (VLCN) announced a 1-for-45 reverse stock split, causing its shares to trade lower. Reverse stock splits often signal that a company is attempting to boost its share price to meet exchange listing requirements or to improve perception, but can be viewed negatively by the market as it may indicate underlying issues with the company's value or performance.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:52 pm

Volcon, Inc. has announced a 1-for-45 reverse stock split. This corporate action is typically used by companies to boost their share price by reducing the number of shares outstanding, which can help them meet minimum price requirements for stock exchanges and improve investor perceptions. However, reverse splits do not change the company's overall market capitalization and can sometimes be viewed negatively as they may signal underlying issues with the company's performance or stock demand.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:49 pm

In Wednesday's after-market session, several consumer discretionary stocks saw movement. Kaixin Auto Hldgs, Rent the Runway, Golden Heaven Group Hldgs, PetMed Express, Boqii Holding, and Cedar Fair experienced gains, while Volcon, J-Long Group, Boot Barn Holdings, Canoo, Connexa Sports Techs, and SRIVARU Holding saw declines. Notably, Boot Barn Holdings' stock drop followed their Q3 earnings report.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 9:31 pm

In Monday's after-market session, several consumer discretionary stocks experienced movement. Zapp Electric Vehicles (ZAPP) saw a 5.0% increase, while J-Long Group (JL) shares dropped by 25.0%. Other gainers included Selina Hospitality (SLNA), Arcimoto (FUV), Visionary Education Tech (GV), Color Star Tech (ADD), and EZGO Technologies (EZGO). Losers comprised Connexa Sports Techs (CNXA), Volcon (VLCN), Kaixin Auto Hldgs (KXIN), Foresight Autonomous (FRSX), and Lottery.com (LTRY).

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 9:31 pm

Shares of electric vehicle (EV) stocks are experiencing an uptick following a report by CleanTechnica that indicated a 29% increase in Q4 sales of pure electric vehicles.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 7:54 pm

Panbela Therapeutics, Inc. (NASDAQ:PBLA) shares plummeted by 65.5% to $1.47 after announcing a public offering priced at approximately $9 million. Other stocks experienced significant movements in Monday's mid-day session, with various companies showing notable gains and losses. Gainers included Palisade Bio, Inc. (NASDAQ:PALI), OneMedNet Corporation (NASDAQ:ONMD), and Revelation Biosciences, Inc. (NASDAQ:REVB), among others. Losers featured SMX (Security Matters) Public Limited Company (NYSE:SMX), Inspire Veterinary Partners, Inc. (NASDAQ:IVP), and Bullfrog AI Holdings, Inc. (NASDAQ:BFRG), among others.

Portfolio Pulse from Avi Kapoor

January 29, 2024 | 7:09 pm

During Friday's intraday session, several consumer discretionary stocks experienced significant movements. Selina Hospitality (SLNA) saw a 24.9% increase, while Envirotech Vehicles (EVTV) rose by 20.83%. Vince Holding (VNCE) and Esports Entertainment (GMBL) also saw gains of 16.18% and 16.09%, respectively. BowFlex (BFX) and GigaCloud Tech (GCT) shares rose as well. Conversely, Yoshitsu Co (TKLF) plummeted by 60%, and other stocks such as Lanvin Group Hldgs (LANV), Genius Gr (GNS), Golden Sun Education Gr (GSUN), Volcon (VLCN), and ZHONGCHAO (ZCMD) experienced declines.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 5:31 pm

In Friday's pre-market session, several consumer discretionary stocks experienced significant movements. Envirotech Vehicles, U Power, 2U, Visionary Education Tech, MGO Global, and Yunhong Green CTI were among the gainers, with increases ranging from 5.61% to 10.0%. Conversely, Genius Gr, Linkage Global, Jerash Holdings (US), China Automotive Systems, Volcon, and EZGO Technologies were the losers, with stock price declines between 4.23% and 10.2%.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 1:06 pm

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