Greenwave Technology Solutions, Inc. - Common Stock (GWAV)
0.0780
-0.0122 (-13.53%)
NASDAQ · Last Trade: Aug 23rd, 6:41 AM EDT
Detailed Quote
Previous Close
0.0902
Open
0.1000
Bid
0.0780
Ask
0.0787
Day's Range
0.0705 - 0.1081
52 Week Range
0.0705 - 1.090
Volume
53,167,560
Market Cap
4.77M
PE Ratio (TTM)
-0.0108
EPS (TTM)
-7.2
Dividend & Yield
N/A (N/A)
1 Month Average Volume
4,614,359
Chart
About Greenwave Technology Solutions, Inc. - Common Stock (GWAV)
Greenwave Technology Solutions, Inc. is a company focused on delivering innovative solutions for the management and recycling of electronic waste. By leveraging advanced technology and sustainable practices, the company aims to minimize environmental impact while maximizing the recovery of valuable materials from discarded electronics. Greenwave provides services that encompass the entire lifecycle of electronic products, from collection and processing to the resale of recovered components, all with a commitment to promoting sustainability and circular economy principles. Through its initiatives, Greenwave seeks to address the growing challenge of e-waste, contributing to a cleaner and more responsible approach to technology disposal. Read More
As we await the opening of the US market on Friday, let's delve into the pre-market session and discover the top gainers and losers shaping the early market sentiment.
Greenwave Technology Solutions (NASDAQ: GWAV), an operator of metal recycling facilities in Virginia, North Carolina, and Ohio, announced it will implement a 1-for-110 reverse stock split of its common stock, effective at 5 p.m. EST on Friday, August 22, 2025. The stock will continue trading on the Nasdaq Capital Market under the symbol GWAV and begin trading on a reverse split-adjusted basis when the market opens Monday, August 25, 2025, under new CUSIP number 57630J 502. The move is intended to boost the per-share trading price and help the Company regain compliance with Nasdaq’s minimum bid price requirement. Following the split, Greenwave’s outstanding common shares will be reduced from 62,794,283 to approximately 570,858, with proportional adjustments applied to options and warrants. Fractional shares will not be issued; any fractional interest will be rounded up to the nearest whole share.
As the US market prepares to open on Thursday, let's get an early glimpse into the pre-market session and identify the stocks leading the pack in terms of gains and losses.
Looking for insights into the US markets one hour before the close of the markets on Thursday? Delve into the top gainers and losers of today's session and gain valuable market intelligence.
Greenwave Technology Solutions (NASDAQ: GWAV) announced that CEO Danny Meeks will appear on Good Morning America to discuss the impact of newly enacted metal tariffs. Through its subsidiary Empire, Greenwave operates the largest scrap metal chain in Hampton Roads, supplying military-grade scrap to key defense contractors and shipyards. With President Trump’s shipbuilding initiative expected to drive demand, Greenwave anticipates increased opportunities in its primary market. The company also expects forthcoming copper tariffs to accelerate revenue growth and expand margins across its 13 metal recycling facilities in Virginia, North Carolina, and Ohio.
Greenwave Technology Solutions (NASDAQ: GWAV) announced significant margin expansion driven by a 20% rise in scrap steel prices since early February, with further increases expected as U.S. steel and aluminum import tariffs take effect on March 12, 2025. Through its wholly owned subsidiary, Empire, Greenwave operates Hampton Roads’ leading scrap metal chain, supplying major defense contractors and the world’s largest naval base with military-grade scrap metal. The company runs 13 metal recycling facilities across Virginia, North Carolina, and Ohio, serving industry giants such as Nucor, Sims, and Cleveland-Cliffs. Greenwave’s competitive positioning is further strengthened by a portfolio of protected operational licenses, key facility acquisitions reducing rental costs, and its role as a major supplier to Nucor’s upcoming steelmaking facility in North Carolina.
