Beam Global Common Stock (BEEM)
Beam Global (BEEM) designs and manufactures renewable energy products, including solar-powered charging solutions and energy storage systems. The company focuses on sustainable energy infrastructure for electric vehicles, emergency preparedness, and outdoor applications, promoting clean energy adoption across various industries.
Company News
Beam Global, a small solar and EV infrastructure company, shows potential growth despite being a microcap stock. With strategic international expansion, innovative battery technology patents, and growing commercial revenue, the company is positioned at the intersection of clean energy sectors.
Beam Global has been granted a new U.S. patent for its Smart Phase Change Composite (PCCâ„¢) material, which enables advanced thermal management for lithium-ion batteries in extreme environments, enhancing battery safety, reliability, and performance.
Mainz Biomed shares jumped 16% in pre-market trading after the company announced submission for the FDA Breakthrough Device Designation for its next generation CRC screening test. Several other stocks also saw significant pre-market movement.
First-quarter revenues for both Li Auto (LI) and XPeng (XPEV) rise year over year. However, LI witnesses a 10.5% decline in its EPS, while XPEV's loss per share narrows on a year-over-year basis.
Beam grew revenue more than 200% form Q3 2021 to Q3 2022. Read more to see why I think BEEM stock has significant upside potential.