NextNRG Stock Swings After Rally. Look at the Details.
NextNRG shares surged 44% to $0.41 Monday after first-quarter revenue rose 29% to $21.1 million and gross profit more than tripled. Net loss widened to $10.8 million. A quarterly filing cited tight liquidity and “substantial doubt” about the company’s ability to continue as a going concern. Trading volume reached 195 million shares.