Greenwave Technology Solutions (NASDAQ: GWAV ) stock is falling on Tuesday after the metal recycling company announced an offering of its shares. Greenwave Technology Solutions is selling 420,596,154 shares of GWAV stock to certain institutional and accredited investors for $0.052 each.
Greenwave Technology (NASDAQ: GWAV ) stock just won't stop rallying as it has become a new favorite of traders on Reddit. This marks another day of increased trading for GWAV stock without any relevant news behind the rally.
Greenwave Technology Solutions (NASDAQ: GWAV ) stock is up on Thursday despite the company announcing the late filing of its Form 10-Q. The company notes that it is unable to file its quarterly report for the quarter ended March 31, 2024 by the required deadline.