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Why Arcimoto Stock Skyrocketed 721.7% in 2020

TheMotleyFool

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Why Arcimoto Stock Skyrocketed 721.7% in 2020

Shares of Arcimoto (NASDAQ: FUV) soared 721.7% last year, according to data from S&P Global Market Intelligence. The electric-vehicle (EV) stock skyrocketed thanks to the company's dramatic sales gains and incredible momentum for the overall industry.