NeoVolta Inc
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Industrials : Electrical Equipment |
Company profile

NeoVolta, Inc. is a designer, manufacturer, and seller of high-end Energy Storage Systems (ESS), primarily its NeoVolta NV14 and NV 24, which can store and use energy via batteries and an inverter at residential or commercial sites. The Company primarily markets and sells its products directly to its certified solar installers and solar equipment distributors. Its storage solutions are engineered with lithium iron phosphate (LiFe(PO4)) battery chemistry, which is clean, nontoxic, and non-flammable. Its products include NeoVolta NV14 and NV24. The NV14 is a complete ESS with 7,680-Watt 120 volts (V)/ 240V hybrid inverter, which produces 208 V commercial power with a 14.4 kilowatt-hour (kWh) lithium iron phosphate (LiFe (PO4)) battery system. Its NV24 has additional battery capability that raises NV14 energy storage from 14.4 KW to 24.0 KW. The NV14 is capable of storing and using inverted (AC) photovoltaic, non-inverted (DC) photovoltaic, or both AC and DC photovoltaic solar sources.

Closing Price
Day's Change
0.16 (6.11%)
B/A Size
Day's High
Day's Low

10-day average volume:

Sientra, Tesla and GM shares rise and EvGo and Planet Labs slump, along with more stocks on the move

10:22 am ET June 9, 2023 (MarketWatch)

By Claudia Assis

DocuSign, Braze shares also climbing

Here are some of the biggest movers in U.S. stocks Friday:

Stock gainers:

Tesla Inc. (TSLA) and General Motors Co.(GM) stock rose 5.8% and 3.8%, respectively after the automakers said owners of GM's electric vehicles will have access to Tesla's fast-charging network in North America starting next year.

Fisker Inc. (FSR)rose 3.4% after the electric vehicle maker announced plans to enter the China market.

Sientra Inc. (SIEN) skyrocketed 66% on heavy volume after the medical aesthetics company after the U.S. Food and Drug Administration granted 510(k)-clearance for its AlloX2 Pro Tissue Expander.

DocuSign Inc. shares (DOCU) rose 2%. The stock rallied as much as 14% in the extended session Thursday, but much of that got walked back after executives warned of smaller deal sizes and expansion rates as the e-signature company's quarter and outlook surpassed Wall Street expectations.

Braze Inc.(BRZE) stock rose 18% after the cloud-based software group posted 40% revenue growth in the fourth quarter, beating analysts' expectations. Braze also guided for further revenue growth in the first quarter and fiscal 2024.

Mission Produce Inc. (AVO) rose 9.1% after the avocado grower reported fiscal second-quarter results that beat estimates.

Duckhorn Portfolio Inc.(NAPA) shares rose 2% after the high-end wine maker offered a slightly more upbeat full-year outlook, following what the company said was "resilience" among wine enthusiasts that helped third-quarter results despite stubborn inflation.

Stock decliners:

Shares of some electric-vehicle charging companies fell after Tesla Inc. said it would open its charging network to General Motors Co. ChargePoint Holdings Inc. stock (CHPT) stock fell 9.3%, while EVgo Inc. stock (EVGO) dropped by 10.3%. Blink Charging Co.'s stock (BLNK) is down by 6.6%.

Planet Labs PBC(PL) dropped more than 16% in premarket trading after the Earth-imaging company reported a narrower quarterly loss, but called for lower-than-expected revenue for its fiscal 2024.

Mangoceuticals Inc.(MGRX) fell 6.7% as the stock extended its sharp pullback from the previous session's intraday high. The stock had rocketed as much as 60.8% to an intraday high of $2.38 soon after Thursday's open, but closed up just 10.8%, after the erectile dysfunction (ED) drug maker announced a sponsorship deal with Barstool Sports.

-- Barbara Kollmeyer and Steve Gelsi contributed to this report

-Claudia Assis

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.


(END) Dow Jones Newswires

June 09, 2023 10:22 ET (14:22 GMT)

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