Here's Why Shares of Ideanomics Are Skyrocketing Today
Shares of Ideanomics, Inc. (NASDAQ: IDEX) were rapidly rising today after the company announced that its subsidiary had received a new order of electric vehicles.
As of 12:21 p.m. EDT, Ideanomics stock had gained 74.3%.
Ideanomics announced this morning that the city of Neijiang, China, placed a $3.2 million order of 200 electric vehicles to the company's Mobile Energy Global subsidiary. Ideanomics said the order will be fulfilled with its Dongfeng Liuzhou S50EV models.
Source Fool.com
