GreenPower Stock Slips as Tiny EV Bus Maker Faces a Real-World Test
GreenPower Motor Company Inc. shares edged lower in early Nasdaq trading on Thursday, quoted at $1.11 at 9:57 a.m. in New York, down 0.89% on the day, as the micro-cap electric bus maker traded near the low end of a $1.10-$1.14 range. Micro-cap means a very small public company by stock-market value; GreenPower’s market value was about $5.5 million. The move matters now because there was no fresh order announcement driving the tape. GreenPower’s own press-release page lists its latest company release as a May 21 update on a cold-weather heating package for its Type A Nano BEAST electric school bus, not a new vehicle order or financing.