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Massimo Group ( (MAMO) ) just unveiled an announcement.
On January 16, 2025, Massimo Group’s CEO David Shan addressed stockholders, reflecting on industry challenges and the company’s notable resilience. Despite sector headwinds from market downturns and electrification pressure, Massimo reported strong sales growth in 2023-2024, outperforming industry averages. The company plans to launch market-driven products, expand operational efficiency, and explore new markets, aiming to sustain growth and strengthen industry leadership.
More about Massimo Group
Massimo Group, trading under NASDAQ: MAMO, is a Texas-based manufacturer and distributor of powersports vehicles and pontoon boats. The company includes subsidiaries Massimo Motor Sports and Massimo Marine, offering utility and recreational vehicles, minibikes, and innovative pontoon boats. Massimo is also advancing in electric vehicle production, with a focus on quality, innovation, and customer service.
YTD Price Performance: 15.20%
Average Trading Volume: 135,244
Technical Sentiment Consensus Rating: Strong Buy
For detailed information about MAMO stock, go to TipRanks’ Stock Analysis page.
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