Streetbeat News

ZAPP

Zapp Electric Vehicles Group Limited

https://www.zappev.com

Industry

Auto - Manufacturers

Zapp Electric Vehicles Limited operates an electric motorcycle company. Its i300 is the first in a suite of electric two-wheelers that the company plans to bring to market. It offers a direct-to-customer experience known as DSDTC (drop-ship-direct-to-customer). The company sells its product the i300, to customers online and delivered to the home, as well as provides at-home inspection, service, and support throughout the vehicle ownership lifecycle. The company was incorporated in 2017 and is based in Bangkok, Thailand, with additional office in Paris, France.

Open

1.86

Mkt cap

7.6M

Volume

65K

High

1.87

P/E Ratio

-0.03

52-wk high

19.10

Low

1.70

Div yield

N/A

52-wk low

0.70

NIO Inc. (NYSE:NIO) shares fell 8.5% after the resignation of CFO Steven Wei Feng. Other notable movers include Qualigen Therapeutics, Inc. (NASDAQ:QLGN) up 120%, Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) up 70.5%, and Macy’s, Inc. (NYSE:M) up 10.4% due to an increased acquisition bid. XPeng Inc. (NYSE:XPEV) declined 10% after announcing vehicle delivery figures.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 4:59 pm

U.S. stocks showed mixed performance with the Nasdaq Composite gaining over 50 points. Nonfarm payrolls increased by 206,000 in June, surpassing expectations. Key movers included Qualigen Therapeutics, Zapp Electric Vehicles, and MediWound with significant gains, while Adamas One Corp, Cyngn Inc., and Vicinity Motor Corp saw notable declines.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 3:02 pm

Shares of Sharps Technology, Inc. (NASDAQ:STSS) surged 31.7% in pre-market trading after receiving two purchase orders for approximately one million SecureGard syringes for 2024 delivery. Other notable pre-market movers include Qualigen Therapeutics, Inc. (NASDAQ:QLGN) up 53%, Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) up 18.7%, and Adamas One Corp. (NASDAQ:JEWL) down 19.3%.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 3:01 pm

The article highlights the pre-market movements of 12 consumer discretionary stocks on Friday. Delta Apparel, Connexa Sports Techs, Red Robin Gourmet Burgers, Purple Innovation, ATRenew, and CarParts.com saw gains, while Kaival Brands Innovations, MGO Global, Petco Health and Wellness, Volcon, Lobo EV Technologies, and Zapp Electric Vehicles experienced declines.

Portfolio Pulse from Benzinga Insights

June 21, 2024 | 12:08 pm

The article highlights the performance of 12 consumer discretionary stocks during Thursday's after-market session. Notable gainers include Sacks Parente Golf (SPGC), Smith & Wesson Brands (SWBI), and Lobo EV Technologies (LOBO). On the losing side, MGO Global (MGOL) and Zapp Electric Vehicles (ZAPP) saw significant declines.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 8:31 pm

Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) shares surged after the company reported improved financial results for the first half of fiscal year 2024 and raised its business outlook. The company reduced its net loss and operating loss compared to the same period in 2023 and expects significant sales growth in the coming years.

Portfolio Pulse from Erica Kollmann

June 20, 2024 | 6:41 pm

U.S. stocks traded mixed with the Dow Jones gaining over 300 points. Energy shares rose by 2%, while information technology shares fell by 1.1%. Zapp Electric Vehicles Group shares surged 129% on positive delivery expectations. MGO Global shares rose 66% on acquisition news. Femasys shares increased 29% after receiving CE Mark approval. Tempest Therapeutics, Trevena, and Sonnet BioTherapeutics saw significant declines.

Portfolio Pulse from Avi Kapoor

June 20, 2024 | 6:35 pm

Jabil Inc. (NYSE:JBL) shares fell 7.8% after reporting a 20.2% year-on-year decline in third-quarter revenue, despite beating analyst estimates. The company provided mixed guidance for the fourth quarter. Other stocks moving significantly include MGO Global, Inc. (NASDAQ:MGOL), Griid Infrastructure Inc. (NASDAQ:GRDI), and Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP), among others.

Portfolio Pulse from Avi Kapoor

June 20, 2024 | 5:26 pm

The article highlights significant intraday movements in consumer discretionary stocks on Thursday. Notable gainers include Allurion Technologies (ALUR), Zapp Electric Vehicles (ZAPP), and MGO Global (MGOL), while significant losers include Kaival Brands Innovations (KAVL), SRIVARU Holding (SVMH), and Visionary Holdings (GV).

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 4:32 pm

U.S. stocks traded mostly higher with the Dow Jones gaining over 50 points. Accenture shares surged 7% after Q3 results. MGO Global, Zapp Electric Vehicles, and Femasys saw significant gains, while Tempest Therapeutics, Trevena, and Sonnet BioTherapeutics experienced notable declines.

Portfolio Pulse from Avi Kapoor

June 20, 2024 | 4:00 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.