Why ElectraMeccanica Vehicles Stock Just Popped 10%

Shares of three-wheeled, electric passenger car maker ElectraMeccanica Vehicles (NASDAQ: SOLO) are up 10.7% as of 11:45 a.m. EST Thursday -- and you if you own the stock, you can thank the friendly analysts at Stifel Nicolaus for your gains.

Following hard on the heels of financial advisor Colliers' initiation at buy yesterday morning, Stifel weighed in with a buy initiation of its own right after the closing bell Wednesday.

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Source Fool.com