Twin Vee PowerCats Co. (NASDAQ: VEEE ) shares remained in focus after Monday’s session, following a massive rally driven by the company’s strategic merger and privatization announcement.
Twin Vee closed Monday’s regular session at $24.86, up 415.77%. In after-hours trading, the stock slipped 4.13% to $23.83.
Twin Vee PowerCats manufactures recreational boats under the Twin Vee and Bahama Boat Works brands and is known for its catamaran sport boats.
Merger Recap
Trading Metrics
Twin Vee PowerCats has a market capitalization of approximately $13.16 million, with a 52-week high of $128.02 and a 52-week low of $4.22.
Over the past 12 months, VEEE shares have declined 71.41%.
Benzinga Edge Stock Rankings indicate VEEE has a negative price trend across the short, medium and long term.
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