Why Beam Global Stock Soared 115% in December
Beam Global (NASDAQ: BEEM) became the latest electric vehicle (EV) stock to catch fire as the company surged after announcing new patents related to EV charging and a new contract to deploy the technology.
The news sent shares of the recent IPO flying higher, up 115% in December, according S&P Global Market Intelligence. The chart below shows the stock's movement over the course of the month.
Source Fool.com