India, Feb. 4 -- Shares of Volcon, Inc. (VLCN) surged over 93% on Tuesday morning after the company signed a deal to be an exclusive U.S. distributor of Super Sonic golf carts.
VLCN is currently trading at $6.53, up $3.16 or 93.77%, on the Nasdaq. The stock opened its trading at $5.66 after closing Monday at $3.37. The stock has traded between $3.18 and $2,792.00 in the past 52-week period.
Volcon ePowersports signed an agreement to be the exclusive distributor of Super Sonic Company Limited, a wholly owned subsidiary of ODES Industry, golf carts sold to original equipment manufacturers in the United States.
Super Sonic manufactures their golf carts in Vietnam under their own brand, AODES. They are responsible for manufacturing the Volco...