WPRT had a huge after-market spike today after they announced a deal with Amazon to provide them 1,000 compressed natural gas truck engines in an effort to reduce pollution. The stock jumped 42% after-market after the news hit. I got in back when the stock was at $4.00 anticipating a Biden green energy bump and it closed at $12.26 after hours today. It has seen an increase in value of 492% over the past 3 months.
A partnership with Amazon could be very big for them going forward as they have an immense trucking fleet. The company is banking on compressed natural gas engines as being the cleaner bridge between fossil fuels and an electric trucking fleet. They are headquartered in Vancouver, BC and have been around since 1995. What does everyone think about the company going forward? I would love to hear people's thoughts.
Submitted February 05, 2021 at 07:56PM by Frisco_kid_415 https://ift.tt/36MnEsV
