zapp

Zapp Electric Vehicles (ZAPP) has experienced significant volatility in its stock price due to various factors:

1. Recent Financing: The company has secured a commitment for up to $50 million, which replaces the original $10 million agreement. This funding will provide financial resources to accelerate the development of the business and launch sales of the i300 in an expanding set of countries.
2. Stock Performance: On the day of the financing announcement, ZAPP stock rallied higher, with a 30.5% increase in its stock price. The stock has also seen trading volumes significantly higher than its daily average, indicating increased investor interest.
3. Short Interest: The short percent of float for ZAPP has fallen by 32.41%, with the company reporting 22 thousand shares sold short, which is 2.92% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment.
4. Earnings Report: ZAPP's latest earnings report showed a net loss of $5 million, a significant improvement from the $8.6 million reported in the same period the previous year. The company also provided positive guidance for future sales and deliveries.

Given these points, ZAPP's estimated return will depend on the investor's perspective and the specific timing of their investment. The recent financing and positive earnings report may suggest a positive outlook for the company, potentially leading to a higher return on investment. However, investors should consider the high volatility and the risks associated with a company of ZAPP's size and market conditions. It's important to conduct thorough due diligence and consider the investment's long-term goals and risk tolerance before making any investment decisions.