U.S. Stock Alert | Expion360 Inc. (XPON.US) Soars Over 211% as Q2 Revenue Beats Expectations

Stock News
08/14

Expion360 Inc. (XPON.US) skyrocketed more than 211% on Thursday, reaching a new yearly high of $4.05 per share. The surge followed the company's announcement of second-quarter revenue of $3 million, representing a 134% year-over-year increase that significantly exceeded analysts' consensus estimate of $2.18 million. The company achieved its sixth consecutive quarter of sales growth, driven by robust demand in the recreational vehicle market and related accessories. Additionally, Expion360 Inc. is expanding into home energy storage solutions, with shipments scheduled to commence in January 2025. The company also regained compliance with Nasdaq listing requirements on August 13, effectively eliminating delisting concerns.

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