$HYLN

Hyliion to Dual List Shares on NYSE Texas

Hyliion Holdings' (HYLN) common stock will be dual-listed on NYSE Texas, the Dallas-based electronic equities exchange, the company said Tuesday.Hyliion's NYSE Texas listing became effective on Tuesday, Sept. 22, the company said, adding that it will retain its primary listing on NYSE American.Hyliion will trade under the same "HYLN" ticker on both exchanges, the company said.Shares of Hyliion were up 2.6% in recent Tuesday trading.Price: $4.45, Change: $+0.07, Percent Change: +1.60%

Northland Securities Upgrades Hyliion to Outperform From Market Perform, $10 Price Target

Hyliion Demonstrates Coordinated Operation of Karno Power Modules

Hyliion Holdings (HYLN) said it successfully demonstrated its Karno Power Modules operating together as a coordinated generation system.During the demonstration, two 200 kilowatt units automatically shared changing electrical loads while maintaining stable power delivery, the company said Monday in a statement.The test validated the Karno Management System's ability to coordinate multiple power modules and adjust each unit's output as power demand changes, the company said.The test supports the development of a standardized 800-kilowatt building block and larger 2.4-megawatt and 3.2-megawatt power plants using multiple 200-kilowatt Karno systems operating in parallel, the company said.Price: $3.78, Change: $+0.22, Percent Change: +6.18%

Top Midday Gainers

Solidion Technology (STI) has decided against a previously planned offering and has withdrawn its previously filed registration statement on Form S-1 with the US Securities and Exchange Commission, the company said Wednesday.Shares jumped 29% following an increase in intraday trading volume to almost 3.81 million from a daily average of about 2.56 million.Lakeland Industries (LAKE) shares surged 19% amid heavy trading after the company unexpectedly swung into the black in fiscal Q1 late Tuesday.More than 560,000 shares of the company traded intraday compared with a daily average of about 101,000.Needham initiated Hyliion (HYLN) with a buy rating and set a $9 price target on its shares.Shares of Hyliion were up 9.8% amid a surge in intraday trading volume to nearly 4.69 million from a daily average of roughly 2.96 million.Price: $26.30, Change: $+5.83, Percent Change: +28.48%

Needham Initiates Hyliion Holdings at Buy With $9 Price Target