This Micro Cap Sees Major Uplift Following Patent Filing Announcement

By: Tomas Ronolski - AllPennyStocks.com News

Wednesday, January 15, 2025

Big news out of California today after a certain micro cap announced that it filed a patent application with the USPTO for its battery authentication encryption technology.

Traders wasted absolutely no time buying up shares of Vision Marine Technologies Inc. (Nasdaq:VMAR), pushing the price up to $2.55/share (+82.14%) at the early session high. This move could be an indication that a breakout is around the corner seeing that this is the second major move so far this year. Keep your eye on this one!

Vision Marine Technologies Inc is engaged in designing and manufacturing electric outboard powertrain systems and related technology. The company manufactures hand-crafted, highly durable, low maintenance, environmentally-friendly electric recreational powerboats. Its manufacturing models of electric powerboats include Phoenix 290, Bruce 22, Volt 180, Fantail 217, and Quietude 156. The company's segment includes the Sale of electric boats and Rental of electric boat. It generates maximum revenue from the Sale of electric boats segment.

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This Micro Cap Sees Major Uplift Following Patent Filing Announcement

Other Penny Stock Movers

New Crypto Strategy Has This Micro-Cap’s Shares Gaining Value

U.S. Budget Deficit Soars in First Fiscal Quarter

MicroCap Trading Higher As Major Stakeholder Plans to Acquire Up to 10% of Common Shares

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