EV battery maker SES AI sees document one-day surge

Investing.com — SES AI, an electrical car (EV) battery maker, has witnessed a record-breaking surge in its shares, with a one-day enhance of as a lot as 168%.

This marks the fourth consecutive session of positive factors for the corporate’s inventory.

Over the course of this four-day successful streak, the inventory has skilled a large surge of roughly 300%.

The buying and selling quantity of SES AI shares throughout this era has been nearly 130 occasions the 20-day common for a similar time of day, as per knowledge compiled by Bloomberg.

Regardless of this vital rise, the inventory has not totally recovered from earlier losses. For the 12 months so far, SES AI’s shares are nonetheless down by roughly 7%.

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