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Why Arcimoto Stock Skyrocketed 63.4% in January

TheMotleyFool

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Why Arcimoto Stock Skyrocketed 63.4% in January

Shares of Arcimoto (NASDAQ: FUV) rose 63.4% in January according to data from S&P Global Market Intelligence. The stock climbed early in the month following news that the electric vehicle (EV) company was making moves to expand its manufacturing capabilities.