Canadian Vaping Firm CEA Industries Skyrockets 1800% Pre-market with Market Cap at $7.12 Million

TradingKey
28 Jul

TradingKey - On Monday, July 28th, CEA Industries (VAPE) saw its stock skyrocket over 1800% during pre-market trading on the US stock market, before paring gains to 854% at the time of reporting, with shares priced at $84.69 each.

CEA Industries Stock Performance, Source: Yahoo Finance

CEA Industries, which focuses on the Canadian e-cigarette industry, completed its acquisition of Fat Panda, the largest e-cigarette retailer and manufacturer in Central Canada, this June.

On July 17th, the US Food and Drug Administration (FDA) authorized Juul Labs to continue selling its e-cigarettes in the US market. This development follows the FDA's 2022 order for Juul to halt e-cigarette sales, which pushed Juul, once a market leader, towards the brink of bankruptcy.

Previously, CEA Industries closed at $8.55 per share, with a market cap of just $7.12 million. According to its Q1 2025 financial report, the company posted total revenue of $7.13 million, a gross profit margin of $39,000, and a net loss of $1.1 million.

The company went public in 2011, and in March 2014, it reached its all-time high stock price of $14,130.

CEA Industries Q1 2025 Financial Report

Find out more

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10