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StockNews.com
StockNews.com
Business
Pragya Pandey

Down More Than 75% YTD, is Volcon Stock a Buy?

Volcon, Inc. (VLCN) in Round Rock, Tex., made its stock market debut on Oct.6, 2021. The company designs, produces, and distributes electric off-road powersports vehicles and accessories in the United States. It sells electric two- and four-wheel motorcycles and utility terrain vehicles through its website and dealers.

However, the stock has declined 76.1% in price year-to-date and 81.1% over the past three months to close yesterday's trading session at $2.58.

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