Twin Vee PowerCats stock surged 416% after its merger announcement and remained in focus despite a modest after-hours pullback.
Twin Vee PowerCats Co.
(NASDAQ:VEEE) shares remained in focus after Monday's session, following a massive rally driven by the company's strategic merger and privatization announcement.
Twin Vee closed Monday's regular session at $24.86, up 415.77%.
In after-hours trading, the stock slipped 4.13% to $23.83.
Twin Vee PowerCats manufactures recreational boats under the Twin Vee and Bahama Boat Works brands and is known for its catamaran sport boats.
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