Why is DFLI up today?

Dragonfly Energy Holdings Corp. (DFLI) experienced a significant surge in its stock price today, July 22, 2025, with a pre-market increase of 33.77% and a regular session increase of 56.76%. This rise can be attributed to the company's decision to eliminate its Series A preferred stock.

The elimination of Series A preferred stock has been a crucial factor in the stock's recent surge. This move has likely led to a reduction in the company's liabilities and an improvement in its capital structure, which in turn has boosted investor confidence.

|code|Ticker|Name|Date|Percentage Change|market_code|
|---|---|---|---|---|---|
|DFLI|DFLI.O|Dragonfly Energy|20250721|56.7647|186|

|code|Ticker|Name|Date|Post-Market Percentage Change|Pre-Market Percentage Change|market_code|
|---|---|---|---|---|---|---|
|DFLI|DFLI.O|Dragonfly Energy|20250722|33.54596622889305|36.285178236397755|186|