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Twin Vee PowerCats Co - VEEE STOCK NEWS

Welcome to our dedicated news page for Twin Vee PowerCats Co (Ticker: VEEE), a resource for investors and traders seeking the latest updates and insights on Twin Vee PowerCats Co.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Twin Vee PowerCats Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Twin Vee PowerCats Co's position in the market.

Rhea-AI Summary
Twin Vee PowerCats Co. reveals specifications for the new Second Generation GFX Model Line, showcasing advanced standards in power sport boats.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.61%
Tags
none
-
Rhea-AI Summary
Twin Vee PowerCats Co. (NASDAQ:VEEE) hires Tom Morford as Director of National Sales to drive growth and expand market presence. Morford's industry experience will support dealer network expansion and enhance sales strategies. CEO Joseph Visconti highlights Morford's role in recruiting new dealers and providing sales support. Morford's background in recreational marine sales positions him well to contribute to Twin Vee's success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.09%
Tags
management
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Rhea-AI Summary
Twin Vee PowerCats Co. (NASDAQ:VEEE) appoints Michael P. Dickerson as Chief Financial & Administrative Officer, bringing 35 years of corporate experience to the team. CEO Joseph Visconti expresses confidence in Dickerson's ability to drive financial growth and enhance operational efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
Tags
management
Rhea-AI Summary
Twin Vee PowerCats Co. (NASDAQ:VEEE) unveils the second generation of its GFX model line, featuring design and technological advancements to elevate the brand. The GFX-2 boats offer enhanced features like all-digital switching, updated electronics, improved upholstery, and new options for navigation and water sports.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.85%
Tags
none
-
Rhea-AI Summary
Twin Vee PowerCats Co. (NASDAQ:VEEE) reported a 4% increase in revenue for fiscal year 2023, reaching $33.4 million, with a net loss of $2.3 million. The company announced a partnership for autonomous recreational sport boats and the construction of a new manufacturing facility. However, the electric boat subsidiary, Forza X1, had a net loss of $5.9 million, contributing to an overall consolidated net loss for Twin Vee.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.69%
Tags
none
-
Rhea-AI Summary
Twin Vee PowerCats Co. (NASDAQ:VEEE) to host conference call and webcast on March 26, 2024, to discuss business updates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.03%
Tags
Rhea-AI Summary
Twin Vee PowerCats (Nasdaq:VEEE) to host conference call to discuss business updates and financial results on March 26, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.03%
Tags
-
Rhea-AI Summary
Forza X1, Inc. appoints Joseph Visconti as Interim CEO and Daniel Norton as President. Visconti brings extensive experience in product development and financial operations. The Company aims to leverage his expertise to drive its vision forward.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.84%
Tags
none
-
Rhea-AI Summary
Twin Vee PowerCats Co. (VEEE) announces a significant expansion of its authorized dealer network with Maz Boats as its exclusive dealer for the Middle East. This strategic partnership marks Twin Vee's entry into the UAE market, catering to the growing demand for high-quality marine vessels in the region. The move aligns with the company's international growth strategy and showcases its commitment to innovation and customer satisfaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.14%
Tags
partnership
Rhea-AI Summary
Twin Vee PowerCats Co. (Nasdaq:VEEE) announces its upcoming dealer meeting to unveil Model Year 2025 offerings at The Ben Hotel in West Palm Beach, Florida. The event aims to bring together representatives from the nationwide dealer network.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.44%
Tags
none
Twin Vee PowerCats Co

Nasdaq:VEEE

VEEE Rankings

VEEE Stock Data

8.57M
5.39M
24.8%
25.39%
0.11%
Sporting and Athletic Goods Manufacturing
Manufacturing
Link
United States
Fort Pierce

About VEEE

twin vee powercats, inc. manufactures and sells recreational boats. the company was formerly known as valuerich, inc. and changed its name to twin vee powercats, inc. in april 2016. twin vee powercats, inc. was founded in 1994 and is based in fort pierce, florida.