DIA415.36+6.58 1.61%
SPX5,638.94+117.42 2.13%
IXIC17,754.09+451.07 2.61%

Why Visionary Holdings (GV) Stock Is Skyrocketing

Benzinga·03/05/2025 14:52:49
Listen to the news

Visionary Holdings Inc (NASDAQ:GV) shares are trading higher by 80% to $2.33 during Wednesday’s session after the company reached a financing consent letter worth $1 billion from Alfardan Group of Qatar to fund product R&D and the development of PEGASUS new energy vehicles.

What To Know: Toronto-based Visionary has secured a $1 billion financing deal with Qatar's Alfardan Group to accelerate the research, development and global expansion of its PEGASUS new energy vehicles. While full financial details remain undisclosed due to NASDAQ regulations, the investment marks a significant boost for the company's EV ambitions.

Read Also: BlackRock’s $22.8 Billion Port Deal Includes Key Panama Assets As Trump’s Canal Remarks Draw Attention

Visionary plans to use the funds to enhance R&D in battery efficiency, intelligent driving and vehicle safety. The company also aims to establish a manufacturing base, improve production efficiency and strengthen global market presence. Additionally, it will invest in branding and sales expansion to solidify PEGASUS as a key player in the EV industry.

Looking ahead, Visionary says the company is focused on international expansion, particularly in Europe and North America, while forming strategic partnerships to drive innovation in the rapidly growing EV market.

Read Also: Private Employment Rises By 77,000 In February, Well Below 144,000 Forecast: ‘Hiring Hesitancy Among Employers’

How To Buy GV Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Visionary Holdings’ case, it is in the Consumer Discretionary sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, GV has a 52-week high of $8.85 and a 52-week low of $1.00.

Risk Disclosure: The content of this page is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. It is for general purposes only and does not take into account your individual needs, investment objectives and specific financial circumstances. All investments involve risk and the past performance of securities, or financial products does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against loss, in a down market. There is always the potential of losing money when you invest in securities, or other financial products. Investors should consider their investment objectives and risks carefully before investing. For more details, please refer to risk disclosure.
During the campaign period, US stocks, US stocks short selling, US stock options, Hong Kong stocks, and A-shares trading will maintain at $0 commission, and no subscription/redemption fees for mutual fund transactions. $0 fee offer has a time limit, until further notice. For more information, please visit:  https://www.webull.hk/pricing
More than 40M Downloads Globally : data based on Webull Technologies Limited's internal statistics as of July 14, 2023.
Webull Securities Limited is licensed with the Securities and Futures Commission of Hong Kong (CE No. BNG700) for carrying out Type 1 License for Dealing in Securities, Type 2 License for Dealing in Futures Contracts and Type 4 License for Advising on Securities.
Language

English

©2025 Webull Securities Limited. All rights reserved.