Futu News reported on September 13th that Vision Marine Technologies (VMAR.US), a high-performance electric boat manufacturer, had a significant pre-market increase. As of the time of writing, the stock is up 98.67%, trading at $2.98, with pre-market trading volume reaching $8.7794 million. The stock had a one-time increase of over 170% in pre-market trading. $Vision Marine Technologies (VMAR.US)$

On the news front, the company announced a strategic alliance with ePropulsion on September 10th, where ePropulsion will provide power for its plastic boats. For over a decade, Vision Marine's electric boats have relied on ePropulsion to provide advanced low-voltage propulsion solutions for its product line and rental fleets. This long-term collaboration demonstrates Vision Marine's commitment to quality and the reliability of ePropulsion equipment, which has served over 385,000 sailors in demanding rental environments worldwide.

About the company

Vision Marine Technologies is a company that specializes in the design and manufacture of electric outboard powertrain systems and related technical businesses.

ePropulsion was established in 2012 and quickly became a leader in the global electric propulsion market with its excellent product quality and technological innovation, conducting business in Europe, the USA, and Asia.

It is worth mentioning that according to Futu News, there are many instances of small market cap US stocks experiencing significant volatility due to the absence of price limits, posing higher risks for investors who should therefore be cautious.