Inside Twin Vee’s 416% surge: a 10% USFM stake and a $142 million benchmark
Shares of Twin Vee PowerCats Co. were indicated around $23 in early premarket trading on Tuesday after closing at $24.86 on Monday, up 415.8%. Some 75.3 million shares changed hands, equivalent to about 132 times the 571,161 common shares Twin Vee disclosed as outstanding. The move was huge; the ownership math matters more.