24/7 Market News Snapshot 16 January, 2025 – Tantech Holdings Ltd. Common Stock (NASDAQ:TANH)

January 16, 2025

DENVER, Colo., 16 January, 2025 (247marketnews.com) – (NASDAQ:TANH) are discussed in this article.
Tantech Holdings Ltd. (NASDAQ:TANH) continues to gain momentum as it reports a significant increase in trading activity, with shares opening at $0.162 and currently trading at $0.168, marking a rise of 7.55%. This upward trend follows its previous close at $0.156, indicating a surge in investor confidence. With a trading volume of 6.49 million shares, the heightened activity suggests a robust interest in the stock, which may experience potential volatility. Key support levels are identified around the recent low of $0.156, while resistance may emerge near $0.170. Analysts recommend close monitoring of the stock for further market movements, as sustained buying pressure could result in continued price appreciation.

In addition to its performance in the stock market, Tantech Holdings has achieved a crucial milestone through its subsidiary, Gohomeway Group Inc., which has successfully registered its EU trademark. The trademark was granted under a fast-track review and showcases the brand “GOHOMEWAY” in compelling black and yellow colors. This branding will be utilized across a range of categories including flooring materials, furniture, and e-commerce services.

Mr. Wangfeng Yan, CEO of Tantech, highlighted the importance of this registration, viewing it as integral to the company’s global strategy. He stated, “The successful EU trademark registration by Gohomeway Group Inc. is a significant milestone in our global strategy. We are enthusiastic about leveraging this platform to introduce innovative home furnishing and building material products to customers around the world, thereby enhancing their living experiences sustainably.”

Founded in 2002, Tantech has established itself as a high-tech enterprise within the home furnishing and building materials sector. The recent trademark registration reflects the company’s broader ambitions for market expansion and reinforces its commitment to delivering quality products globally, positioning it favorably for future growth.

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