Highway Holdings is trading at $1.17 (up 12.5%) today, extending a rebound driven by recent positive developments. - The surge follows the company's strong Q1 fiscal 2027 results, reporting 29% YOY revenue growth, 58% YOY gross profit growth, and a return to operating profitability. - Additionally, Highway Holdings signed a Letter of Intent on July 22, 2026, to launch a majority-owned energy storage joint venture with Guangdong Huahu New Energy Technology. - This strategic move positions the micro-cap company to capitalize on the burgeoning battery energy storage market.