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Why Ideanomics Stock Skyrocketed 94.5% in January

TheMotleyFool

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Why Ideanomics Stock Skyrocketed 94.5% in January

Shares of Ideanomics (NASDAQ: IDEX) rose 94.5% in January, according to data from S&P Global Market Intelligence. The stock gained ground thanks to a combination of acquisitions news, a strong monthly performance update, and momentum for the electric vehicle (EV) space.