Why Kandi Technologies Stock Flopped Today
Shares of Chinese electric-car maker Kandi Technologies (NASDAQ: KNDI) plummeted in Wednesday trading to close 8.8% lower -- then continued to slide in after-market trading. Why?
Perhaps this is a case of buying the rumor and then selling the news.
Kandi has two new cars to sell -- but very few buyers. Image source: Kandi Technologies.
Source Fool.com
