Record Daily Surge for EV Battery Manufacturer SES AI

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Record Daily Surge for EV Battery Manufacturer SES AI

Investing.com -- Shares of electric vehicle (EV) battery manufacturer SES AI experienced a record-breaking surge, with an increase of up to 168% in a single day. This marks the fourth consecutive session of rising stock prices for the company. Over this four-day rally, the stock experienced an astonishing rise of approximately 300%. According to data compiled by Bloomberg, the trading volume of SES AI shares during this period reached nearly 130 times the 20-day average for the same time of day. Despite this significant increase, the stock has not fully recovered from its previous losses. Year-to-date, SES AI shares are still down approximately 7%.