Carbon Revolution (NASDAQ:CREV) stock is falling on Wednesday after the company announced plans for a conference call.
A press release from Carbon Revolution reveals that the company intends to hold a conference call on Dec. 12. The call will occur after markets close that day at 5:00 p.m. Eastern Time.
Carbon Revolution doesn’t go into too much detail about what will be talked about during the conference call. Instead, the company simply states that investors can tune in for a business update concerning its fiscal first quarter of 2024.
Investors who want to attend the conference call can do so through the company’s website. A webcast of the live call will be available in the Investor Relations section.
CREV Stock Movement on Wednesday
Carbon Revolution stock is sliding 3.4% lower on Wednesday following the conference call news. Investors will note that this follows a 24.6% rally of the stock during normal trading hours on Tuesday. CREV was down more during pre-market trading but has mostly recovered from that dip as of this writing.
Carbon Revolution is an Australian technology company focused on the creation of lightweight, advanced technology carbon fiber wheels. It was founded in 2007, and shares started trading publicly in November following a special purpose acquisition company (SPAC) merger.
Investors looking for more of the hottest stock market news are in the right place!
We have all of the latest stock market news worth reading about on Wednesday! That includes everything happening with ImmunoPrecise Antibodies (NASDAQ:IPA) stock, Clean Earth Acquisitions (NASDAQ:CLIN) stock and MicroAlgo (NASDAQ:MLGO) stock today. All of that info is ready to go at the following links!
More Stock Market News for Wednesday
- Why Is ImmunoPrecise Antibodies (IPA) Stock Down 39% Today?
- Why Is Clean Earth Acquisitions (CLIN) Stock Up 30% Today?
- Why Is MicroAlgo (MLGO) Stock Up 55% Today?
On Penny Stocks and Low-Volume Stocks: With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com’s writers disclose this fact and warn readers of the risks.
Read More: Penny Stocks — How to Profit Without Getting Scammed
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
