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Stock impact report

Microvast: From 130% Rally To Sharp Pullback, Is The Opportunity Still There? [Seeking Alpha]

Microvast Holdings, Inc. (MVST) 
Company Research Source: Seeking Alpha
MVST delivered record Q3 revenue of $123.3M (+21.6% YoY) and expanded gross margin to 37.6%, but backlog shrinkage raises near-term contract risk. The company's positive cash flow and increased cash position ($142.6M) alleviate prior going concern risks, even as debt remains substantial. Valuation is richer post-rally, but with continued execution, new capacity, and contract wins, MVST offers upside amid ongoing volatility. PhonlamaiPhoto/iStock via Getty Images Microvast Holdings, Inc. ( MVST ) has been on quite a ride since I covered the stock back in the middle of August . I rated the stock a buy at around $2.76 a share. The stock had This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of MVST either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship w Show less Read more
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