Worksport Ltd is an innovative company that specializes in the design and manufacture of durable, high-quality truck bed covers and accessories
With a focus on sustainability and cutting-edge technology, the company develops products aimed at enhancing the utility and functionality of pickup trucks, catering to both everyday users and commercial applications. Worksport is also dedicated to integrating renewable energy solutions into its product offerings, aiming to create eco-friendly accessories that support a greener future for the automotive industry.
Let's have a look at what is happening on the US markets one hour before the close of the markets on Tuesday. Below you can find the top gainers and losers in today's session.
Stay up-to-date with the latest market trends one hour before the close of the markets on Friday. Explore the top gainers and losers during today's session in our detailed report.
Looking for insights into the US markets in the middle of the day on Friday? Delve into the top gainers and losers of today's session and gain valuable market intelligence.
Worksport Ltd's revenues for Q4 2024 were $2.9 million, up 246% from last year, leading to a year-end revenue of $8.5 million. Gross margins also increased by 55%, with further growth expected in 2025 through partnerships and new products. WKSP stock closed at $0.8232.
Worksport Ltd. (NASDAQ: WKSP) experienced significant sales growth in B2C and B2B segments for October and November 2024, with improved margins and a focus on higher-margin branded products. CEO predicts strong demand and continued improvements in gross margin, setting the stage for future success.
Worksport Ltd has engaged Digital BD to monitor and investigate potential short-selling activity and CEO Steven Rossi has purchased restricted shares at a 44% premium to market price.
Short squeezes have been making and breaking investors for a century. One of the greatest short squeezes in history started on a SubReddit, where hundreds of thousands of retail investors drove the price of GameStop (NYSE: GME) shares up to an all-time high.
Worksport Ltd (NASDAQ: WKSP) reported strong Q3 2024 revenue growth of 581% and expects to exceed revenue guidance for 2025. New product launches and government sales are driving expansion.
