By Terell Wright
Shares of Massimo Group rose after the company said it received orders that will generate over $20 million in fourth-quarter revenue.
Shares climbed 12% to $3.91 on Tuesday and are up 57% year to date.
The power sports and electric-vehicle manufacturer said its retail and dealer partners have committed to purchasing over 4,000 units in the next two months.
Massimo Group said it is executing several holiday sales promotions across its product lineup, including UTVs, ATVs and other youth models.
The company said early responses from dealers and major retail partners showed robust momentum heading into the holiday season.
Write to Terell Wright at terell.wright@wsj.com
(END) Dow Jones Newswires
November 18, 2025 11:16 ET (16:16 GMT)
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