Twin Vee PowerCats Stock Surges 33% In Pre-Market Hours Following New Interim CFO Appointment - Twin Vee PowerCats (NASDAQ:VEEE)

Group 1 - Twin Vee PowerCats' shares increased by 33.33% to $3.32 in pre-market trading, following a 4.18% gain in the regular session [1] - The stock price surge is attributed to the appointment of Scott Searles as Interim Chief Financial Officer, who has 20 years of corporate finance experience [2] - Searles will receive a base salary of $60,000 as part of his 90-day interim agreement while the company searches for a permanent CFO [3] Group 2 - The company trades within a 52-week range of $1.86 to $9.30, reflecting a year-over-year decline of 55.05% [4] - Twin Vee PowerCats has a market capitalization of $5.57 million and an average daily trading volume of 2.95 million shares [4] - The closing price of $2.49 represents a decline of approximately 12.32% from the one-month peak of $2.84 on September 5 [4] Group 3 - Benzinga's Edge Stock Rankings indicate that VEEE is experiencing long-term consolidation with medium and short-term upward movement [5]