MVST / Microvast plunges on reports that US will not award $200M grant for its battery company

Here is how Microvast Holdings, Inc. (MVST) and Nu Holdings Ltd. (NU) have performed compared to their sector so far this year. more_horizontal

The heavy selling pressure might have exhausted for Microvast Holdings, Inc. (MVST) as it is technically in oversold territory now. In addition to thi more_horizontal

Microvast Holdings, Inc. (NASDAQ:MVST ) Q2 2023 Earnings Conference Call August 7, 2023 5:00 PM ET Company Participants Rodney Worthen - Director of I more_horizontal

Microvast Holdings, Inc. (MVST) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compare more_horizontal

Microvast is a relatively young company still burning cash, but I see many positive trends in the financial performance. Despite negative free cash fl more_horizontal

Microvast Holdings said on Tuesday it was progressing with the more than $300 million investment at its Clarksville, Tennessee facility, even though t more_horizontal

Microvast Holdings is considering all its options, the lithium batter maker said on Wednesday, after U.S. Energy Department canceled a $200 million gr more_horizontal

Microvast Holdings lost ~40% of its market value overnight after the U.S. DOE has reportedly cancelled a $200 million grant for the company due to its more_horizontal