Greenwave Technology (GWAV) announced that its margins have expanded significantly due to surging prices for scrap steel – already up 20% since early February and expected to go higher – ahead of steel and aluminum import tariffs taking effect on March 12.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GWAV:
- Greenwave Technology selects GreenSpark as operating system
- Greenwave Technology raises FY25 revenue view to $47M-$50M
- Greenwave Technology says primed for revenue acceleration after tariffs
- Greenwave Technology Expands Board, Appoints New Director
- Greenwave Technology wins municipal contract with Virginia Beach