U.S. stock market update: Volcon down 11.35%

U.S. Stock Market Midday Update

Volcon fell 11.35%, with increased trading volume. Based on recent important news:

1. On July 22, Volcon announced its first purchase of 280.14 bitcoins and completed a private placement financing of over $500 million for the purchase of bitcoins. This raised concerns in the market about its financial stability, leading to a 11.35% drop in stock price.

2. On July 22, Volcon announced its name change to Empery Digital, shifting to a bitcoin financial strategy. The market reacted poorly to its strategic transformation, further exacerbating the decline in stock price.

3. On July 21, Volcon submitted an initial beneficial ownership statement to the U.S. Securities and Exchange Commission, showing changes in stock holdings by company executives, raising investor concerns about the company's governance structure.

Stocks with High Trading Volume in the Industry

Harley-Davidson rose 2.06%, with a trading volume of $4.38 million. Based on recent key news:

1. On July 18, Tuoerci completed a block trade of 2.66 million shares, with a trading volume of 51.6572 million yuan, accounting for 1.81% of the total trading volume that day, at a price of 19.42 yuan, a discount of 13.92% compared to the market closing price of 22.56 yuan.

2. On July 4, Huali Group completed a block trade of 16.9098 million shares, with a trading volume of 866 million yuan, accounting for 77.79% of the total trading volume that day, at a price of 51.19 yuan, a discount of 3.76% compared to the market closing price of 53.19 yuan.

3. On July 2, Minglida completed a block trade of 6.651 million shares, with a trading volume of 96.9051 million yuan, accounting for 61.59% of the total trading volume that day, at a price of 14.57 yuan, a discount of 20.34% compared to the market closing price of 18.29 yuan.

Niu Technologies rose 4.58%, with increased trading volume. Based on recent important news:

1. On July 21, Niu Technologies sold 350,090 electric vehicles in the second quarter of 2025, becoming one of the best-performing electric vehicle stocks in 2025, driving up the stock price.

2. On July 21, several foreign institutions released reports stating that Chinese stocks, especially in the technology sector, have significant investment value, boosting market confidence.

3. On July 22, the Chinese job market stabilized, with policies supporting business development, enhancing the economic fundamentals, which is favorable for the stock market.

Lobo EV Tech fell 0.60%, with increased trading volume. Based on recent important news:

1. On May 16, Lobo EV received a notice from Nasdaq regarding its minimum stock price, as its stock price had been below $1 for 33 consecutive days, potentially facing delisting risk, leading to a 0.60% drop in stock price.

2. On May 16, Lobo signed a sales agreement in the U.S., expecting a revenue growth of 41.5%, but failed to boost the stock price On May 29th, Lobo launched its second-generation electric vehicle, but the market response was poor, failing to drive up the stock price.

Stocks ranked among the top in industry market capitalization

Livewire fell 1.21%, with increased trading volume. According to recent important news:

1. On June 17th, Redwire announced a $200 million stock issuance, leading to an 18.2% drop in stock price. Concerns over stock dilution intensified, affecting the stock price.

2. On June 18th, Redwire announced a $260 million public offering, with the stock price dropping nearly 19%. Dilution concerns led to a significant decline in stock price.

3. On July 18th, Newray Energy experienced block trading at a discount, with the stock price slightly rising by 0.08%