Vision Marine Technologies (NASDAQ:VMAR) stock volume spikes, revenue grows but margins shrink

Vision Marine Technologies Inc. stock was up 7.8% at $1.52 as of 12:06 p.m. EDT Tuesday. Trading volume hit 84.9 million shares, which is 37.4 times the 2.27 million shares outstanding as of yesterday, and 77.4 times its 65-day average. Share turnover, or volume divided by shares outstanding, gave the stronger read.

Vision Marine Technologies Stock (NASDAQ: VMAR) Surges on Massive Volume as SEC Filing Details a Potential $8M Share Offering (Dec. 17, 2025)

Vision Marine Technologies Stock (NASDAQ: VMAR) Surges on Massive Volume as SEC Filing Details a Potential $8M Share Offering (Dec. 17, 2025)

Dec. 17, 2025 — Vision Marine Technologies Inc. is back on traders’ radar after a dramatic spike in price and volume, followed by renewed debate over dilution risk tied to a freshly amended securities filing. The move has been eye-catching even by micro-cap standards: intraday swings, unusually heavy participation, and the kind of “what just happened?” tape action that often appears when momentum collides with financing mechanics.

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