Microvast Holdings (MVST) Soars 6.41% on Earnings Beat

Microvast Holdings (MVST) shares surged 6.41% intraday, reaching their highest level since June 2022, marking a fourth consecutive day of gains with a total increase of 22.40% over the past four days.

The strategy of buying MVST shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years, with a 5-year CAGR of 6.78%. While the strategy captured some upside during bullish periods, it also suffered losses during downturns. The recent high before purchase proved crucial, as shares declined 20.34% from the high point within a week. Holding the stock for 1 week provided some protection against short-term volatility but did not significantly enhance returns. Investors should consider their risk tolerance and market outlook before adopting this strategy, as it may not be suitable for all market conditions.

Microvast Holdings' recent stock price surge can be attributed to several key developments. The company reported a significant revenue increase of over 40% year-over-year for the first quarter, transitioning from a loss to profitability. This strong financial performance has been a major driver of the stock's upward momentum.

Additionally, Microvast announced a breakthrough in its True All-Solid-State Battery (ASSB) technology, which led to a substantial jump in premarket trading. This technological advancement has further bolstered investor confidence in the company's future prospects.

On May 12, 2025, Microvast Holdings released its earnings report, which exceeded market expectations. The company reported an EPS of $0.06, compared to the anticipated -$0.02. This positive earnings report has likely contributed to the stock's upward movement, as investors respond favorably to the company's financial performance and growth potential.