Greenwave Technology announces margin expansion ahead of import tariffs
Greenwave Technology's Profit Margins: Greenwave Technology has reported a significant expansion in its profit margins due to a 20% increase in scrap steel prices since early February.
Impact of Tariffs: The rise in scrap steel prices is anticipated to continue as steel and aluminum import tariffs are set to take effect on March 12.
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Greenwave Receives Staff Determination Letter from Nasdaq and Plans to Request a Hearing for Continued Listing
Company's Compliance Issues: Greenwave Technology Solutions received a Staff Determination Letter from Nasdaq due to non-compliance with the Filing Rule, as it failed to file its Quarterly Reports for multiple periods by the required deadlines.
Potential Suspension of Trading: The company's securities may be suspended from trading on Nasdaq starting November 28, 2025, unless it appeals the determination by November 25, 2025.
Appeal Process: Greenwave intends to request a hearing to appeal the Staff's determination, which would temporarily stay the suspension of its securities for at least 15 days.
Company Overview: Greenwave operates 13 metal recycling facilities and plans to expand by acquiring profitable scrap yards, emphasizing the environmental benefits of recycling steel.
Stock Splits Scheduled for This Week (August 25 to August 29) – Keep Your Investments Active
Upcoming Stock Splits: Several companies are set to execute reverse stock splits between August 25 and August 29, aimed at increasing share prices and meeting Nasdaq compliance requirements.
Company Examples: Notable companies include Graphjet Technology (1-for-60), Foresight Autonomous Holdings (1-for-7), and Greenwave Technology Solutions (1-for-110), all implementing reverse splits to enhance their market standing.
Market Implications: Reverse stock splits can signal strategic shifts for companies, potentially attracting more retail investors and improving compliance with exchange listing standards.
Additional Companies: Other firms like SU Group Holdings, Quhuo Limited, and Americas Gold and Silver Corp are also undertaking similar actions to consolidate shares and strengthen their capital structures.
EpicQuest Education Shares Surge Over 81%; Check Out 20 Stocks Making Moves in Premarket Trading
EpicQuest Education Group Performance: EpicQuest Education Group International Ltd (EEIQ) saw a significant rise in shares, climbing 81.5% to $0.98 after reporting first-half fiscal results with revenues of $5.37 million, a 29.1% increase from the previous year.
Other Notable Gainers: Several other stocks experienced notable pre-market gains, including Cycurion Inc (CYCU) up 66.8%, Azitra Inc (AZTR) up 44%, and Educational Development Corp (EDUC) up 16.3%.
Stocks Declining in Pre-Market: Conversely, Aptorum Group Limited (APM) fell 38.1%, Aethlon Medical, Inc. (AEMD) dropped 17.8%, and OceanPal Inc. (OP) declined 16.3% in pre-market trading.
Market Overview: The overall market showed mixed results with various companies experiencing fluctuations in stock prices following recent announcements and earnings reports.
Nordson Shares Rise Over 5%; Check Out 20 Stocks Making Moves in Premarket Trading
Nordson Corporation Performance: Nordson Corporation's shares rose 5.4% in pre-market trading after reporting third-quarter revenue of $741.51 million, exceeding analyst expectations of $722.57 million, with adjusted earnings per share at $2.73.
Other Gainers: Aethlon Medical saw a significant increase of 68.2%, while Tharimmune and Brazil Potash also reported substantial gains of 53.8% and 35.8%, respectively, due to positive announcements regarding stock offerings and agreements.
Notable Losers: ModivCare's shares plummeted 41.1% following its Chapter 11 filing for restructuring, while Coty Inc. fell 21.4% despite reporting higher-than-expected revenue but missing earnings estimates.
Market Overview: The pre-market trading session showed a mix of gains and losses among various stocks, reflecting reactions to recent financial results and corporate announcements.
Greenwave CEO Danny Meeks to be Interviewed on Good Morning America to Discuss Tariffs on Steel and Aluminum Imports Today
Tariffs on Steel and Aluminum: Tariffs on all foreign steel and aluminum imports are now in effect without exceptions, expected to remain due to national security concerns, while Greenwave Technology Solutions is poised for revenue growth from increased demand for scrap metal linked to President Trump's shipbuilding initiative.
Greenwave's Operations and Future Prospects: Greenwave operates 13 recycling facilities across Virginia, North Carolina, and Ohio, supplying domestically-sourced metals to major industry players, and anticipates further revenue growth with forthcoming copper tariffs.
Greenwave's Margins Expand as Scrap Metal Prices Surge Ahead of Steel and Aluminum Import Tariffs Taking Effect March 12, 2025
Tariffs Impact on Steel and Aluminum: Greenwave Technology Solutions is experiencing significant margin expansion due to a surge in scrap steel prices, which have increased over 20% recently, ahead of new tariffs on foreign steel and aluminum imports set to take effect on March 12, 2025.
Strategic Positioning for Growth: The company operates multiple metal recycling facilities strategically located near military bases and industrial hubs, positioning itself to benefit from increased demand for recycled materials, particularly with the upcoming opening of Nucor Corporation's new steelmaking facility in North Carolina.
Greenwave Receives Staff Determination Letter from Nasdaq and Plans to Request a Hearing for Continued Listing
Company's Compliance Issues: Greenwave Technology Solutions received a Staff Determination Letter from Nasdaq due to non-compliance with the Filing Rule, as it failed to file its Quarterly Reports for multiple periods by the required deadlines.
Potential Suspension of Trading: The company's securities may be suspended from trading on Nasdaq starting November 28, 2025, unless it appeals the determination by November 25, 2025.
Appeal Process: Greenwave intends to request a hearing to appeal the Staff's determination, which would temporarily stay the suspension of its securities for at least 15 days.
Company Overview: Greenwave operates 13 metal recycling facilities and plans to expand by acquiring profitable scrap yards, emphasizing the environmental benefits of recycling steel.
Stock Splits Scheduled for This Week (August 25 to August 29) – Keep Your Investments Active
Upcoming Stock Splits: Several companies are set to execute reverse stock splits between August 25 and August 29, aimed at increasing share prices and meeting Nasdaq compliance requirements.
Company Examples: Notable companies include Graphjet Technology (1-for-60), Foresight Autonomous Holdings (1-for-7), and Greenwave Technology Solutions (1-for-110), all implementing reverse splits to enhance their market standing.
Market Implications: Reverse stock splits can signal strategic shifts for companies, potentially attracting more retail investors and improving compliance with exchange listing standards.
Additional Companies: Other firms like SU Group Holdings, Quhuo Limited, and Americas Gold and Silver Corp are also undertaking similar actions to consolidate shares and strengthen their capital structures.
EpicQuest Education Shares Surge Over 81%; Check Out 20 Stocks Making Moves in Premarket Trading
EpicQuest Education Group Performance: EpicQuest Education Group International Ltd (EEIQ) saw a significant rise in shares, climbing 81.5% to $0.98 after reporting first-half fiscal results with revenues of $5.37 million, a 29.1% increase from the previous year.
Other Notable Gainers: Several other stocks experienced notable pre-market gains, including Cycurion Inc (CYCU) up 66.8%, Azitra Inc (AZTR) up 44%, and Educational Development Corp (EDUC) up 16.3%.
Stocks Declining in Pre-Market: Conversely, Aptorum Group Limited (APM) fell 38.1%, Aethlon Medical, Inc. (AEMD) dropped 17.8%, and OceanPal Inc. (OP) declined 16.3% in pre-market trading.
Market Overview: The overall market showed mixed results with various companies experiencing fluctuations in stock prices following recent announcements and earnings reports.
Nordson Shares Rise Over 5%; Check Out 20 Stocks Making Moves in Premarket Trading
Nordson Corporation Performance: Nordson Corporation's shares rose 5.4% in pre-market trading after reporting third-quarter revenue of $741.51 million, exceeding analyst expectations of $722.57 million, with adjusted earnings per share at $2.73.
Other Gainers: Aethlon Medical saw a significant increase of 68.2%, while Tharimmune and Brazil Potash also reported substantial gains of 53.8% and 35.8%, respectively, due to positive announcements regarding stock offerings and agreements.
Notable Losers: ModivCare's shares plummeted 41.1% following its Chapter 11 filing for restructuring, while Coty Inc. fell 21.4% despite reporting higher-than-expected revenue but missing earnings estimates.
Market Overview: The pre-market trading session showed a mix of gains and losses among various stocks, reflecting reactions to recent financial results and corporate announcements.
Greenwave CEO Danny Meeks to be Interviewed on Good Morning America to Discuss Tariffs on Steel and Aluminum Imports Today
Tariffs on Steel and Aluminum: Tariffs on all foreign steel and aluminum imports are now in effect without exceptions, expected to remain due to national security concerns, while Greenwave Technology Solutions is poised for revenue growth from increased demand for scrap metal linked to President Trump's shipbuilding initiative.
Greenwave's Operations and Future Prospects: Greenwave operates 13 recycling facilities across Virginia, North Carolina, and Ohio, supplying domestically-sourced metals to major industry players, and anticipates further revenue growth with forthcoming copper tariffs.
Greenwave's Margins Expand as Scrap Metal Prices Surge Ahead of Steel and Aluminum Import Tariffs Taking Effect March 12, 2025
Tariffs Impact on Steel and Aluminum: Greenwave Technology Solutions is experiencing significant margin expansion due to a surge in scrap steel prices, which have increased over 20% recently, ahead of new tariffs on foreign steel and aluminum imports set to take effect on March 12, 2025.
Strategic Positioning for Growth: The company operates multiple metal recycling facilities strategically located near military bases and industrial hubs, positioning itself to benefit from increased demand for recycled materials, particularly with the upcoming opening of Nucor Corporation's new steelmaking facility in North Carolina.
