Mammoth Energy Shares Leap 62% on EV Charging Station Contract - News Summed Up

Mammoth Energy Shares Leap 62% on EV Charging Station Contract


By Stephen NakrosisShares of Mammoth Energy Services Inc. surged 62% to $3.58 in Thursday's after-hours session after the company said its Aquawolf LLC subsidiary "has been awarded a contract by a major utility to provide engineering and design service for the building of Electric Vehicle charging station infrastructure." Mammoth said the multi-year contract is not to exceed $5 million and will run into 2024. The company's stock finished the day's regular-trading session with a 9.43% loss, closing at $2.21. Write to Stephen Nakrosis at stephen.nakrosis@wsj.com


Source: Wall Street Journal November 18, 2021 23:23 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */