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Why ElectraMeccanica Vehicles Stock Skyrocketed 168.7% in November

TheMotleyFool

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Why ElectraMeccanica Vehicles Stock Skyrocketed 168.7% in November

Shares of ElectraMeccanica Vehicles (NASDAQ: SOLO) rose 168.7% in November, according to data from S&P Global Market Intelligence. The Canada-based electric-vehicle (EV) company's stock surged following better-than-expected third quarter results, and also benefited from momentum for the broader market.