Zinger Key Points
- Visionary Holdings shares have surged 320% this week.
- The company announced a $1 billion financing deal with Qatar's Alfardan Group on Wednesday.
- Our government trade tracker caught Pelosi’s 169% AI winner. Discover how to track all 535 Congress member stock trades today.
Visionary Holdings Inc GV shares have surged 320% to $5.93 since Monday after announcing a $1 billion financing deal with Qatar’s Alfardan Group on Wednesday. The funding will support R&D and global expansion of the company's PEGASUS new energy vehicles.
What Else: While full financial details remain undisclosed due to NASDAQ regulations, the investment marks a major milestone for the company's EV ambitions.
The Toronto-based firm plans to allocate funds toward improving battery efficiency, intelligent driving and vehicle safety while establishing a manufacturing base and optimizing production. Additionally, Visionary aims to expand branding and sales to strengthen PEGASUS's position in the EV market.
Looking ahead, Visionary says the company is prioritizing international growth, particularly in Europe and North America, while forming strategic partnerships to drive innovation.
Read Also: Trump Administration Weighs Sea Inspections Of Iranian Oil Tankers
How To Buy GV Stock
By now you're likely curious about how to participate in the market for Visionary Holdings GV – be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.
In the case of Visionary Holdings, which is trading at $5.93 as of publishing time, $100 would buy you 16.86 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.
According to data from Benzinga Pro, GV has a 52-week high of $8.85 and a 52-week low of $1.00.
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