Why Kandi Technologies, CBAK Energy, and ElectraMeccanica Vehicles Stocks Rocketed Higher Today
A critical short seller's report torpedoed shares of Chinese electric car-maker Kandi Technologies (NASDAQ: KNDI) last week, and took down CBAK Energy Technology (NASDAQ: CBAT) stock as collateral damage.
Today, however, things are turning around for Kandi, CBAK, and also for peer EV producer ElectraMeccanica Vehicles (NASDAQ: SOLO). Shares are up 10.4%, 17.6%, and 7.6%, respectively, as of 1:50 p.m. EST.
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Source Fool.com
