The Latest Breaking News from ASPN

Aspen Aerogels is a Massachusetts-based manufacturer of high-performance insulation for all kinds of industrial uses. On Monday, after the close, it provided investors with updates on some of its potential supply awards. ASPN shares jumped by 25% on Tuesday on the news.

Here's a closer look at three low-priced stocks - MNMD, ASPN, and BEEM - that Wall Street is expecting to double (or more) from current levels.

Aspen Aerogels Inc (NYSE: ASPN) shares are trading higher Thursday after the company announced it decided not to proceed with the concurrent public offerings of its common stock and its green convertible senior notes due 2027 due to market conditions.

Aspen Aerogels Inc (NYSE:ASPN) stated that the increased visibility to expected order volume for 2022 from General Motors Co (NYSE:GM) and Toyota Motors Corp (NYSE:TM) is driving an updated outlook in thermal barrier revenues from $18 million to a range of $52 million - $62 million, a potential threefold increase in demand versus original expectations. FY22 Outlook,…