Twin Vee PowerCats jumps 10.81% after hours on 'Big Beautiful Bill' tax benefits and Bahama Boats production launch.
ByAinvest
Monday, Dec 1, 2025 5:18 pm ET1min read
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Twin Vee PowerCats surged 10.81% in after-hours trading, driven by multiple positive catalysts. The stock’s rally followed the introduction of the "Big Beautiful Bill," which allows 100% first-year depreciation for business-used vessels, enhancing buyer demand. Concurrently, the company announced the commencement of Bahama Boats production, signaling strategic expansion into sportfishing and performance boating. Additionally, Twin Vee’s sale of North Carolina real estate bolstered liquidity, while third-quarter financial results highlighted an 8% reduction in losses and 18% higher net sales, reflecting improved cost management and operational efficiency. These developments collectively underscored the company’s financial restructuring and growth potential, aligning with the sharp post-market price increase.
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