Dragonfly Energy is trading 12.3% down at $1.13 after announcing a $4.0 million acquisition of substantially all operating assets associated with the Dakota Lithium brand.
- The acquisition, effective July 31, 2026, is designed to expand the company's market presence in the marine, outdoor, and off-grid power sectors.
- Investors appear cautious regarding the deal's cost and potential integration risks, leading to profit-taking following a 6.6% gain in the previous trading session.