Almost 2 Years Ago
1 Min Read

Off goes VLTA. The stock moved up today. What's going on:



Volta Inc - Class A (VLTA) is trading 15% higher at $2.64 today. The stock is widely outpacing peers in what has been a mildly upbeat day for the Consumer Discretionary sector as a whole. The stock could be rising for a multitude of reasons, including the passage of the inflation reduction act, which would be a large tax boon for green energy companies. It's earning report is also right around the corner on 8/11/22. Although analysts have the stock pegged for a negative report, traders seem to be bullish today.

Volta Inc - Class A has been trading between a 52-week high of $14.34 and a 52-week low of $1.22. The stock has a market cap of $443 Million.

For over a decade, Volta has been building a nationwide electric vehicle charging network to drive the world forward. Named after Alessandro Volta, the inventor of the electric battery, Volta's award-winning charging stations benefit brands, consumers, and real-estate locations by providing valuable advertising space to businesses and free charging to drivers. Strategically located in places where consumers already spend their time and money, Volta's chargers are currently the most used electric vehicle charging stations in the United States.