Why Ideanomics Stock Is Crashing Today

Shares of Ideanomics, Inc. (NASDAQ: IDEX) are tumbling today as some investors are likely cashing in on the gains the technology stock made in November. Shares of the company fell by as much as 24.7% today and were down 18.4% as of 11:29 a.m. EST. 

Ideanomics' stock skyrocketed 239.5% in November, with some of the most recent gains coming after the company announced that it was investing more money in the electric-tractor company Solectrac. 

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Source Fool.com