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MVST Microvast Holdings Inc

0.4993
-0.0017 (-0.34%)
Pre Market
Last Updated: 13:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Microvast Holdings Inc NASDAQ:MVST NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0017 -0.34% 0.4993 0.4993 0.50 2,719 13:00:00

Tesla Stock Rally Lifts Several EV Peers

12/06/2023 7:16pm

Dow Jones News


Microvast (NASDAQ:MVST)
Historical Stock Chart


From Jun 2022 to Jun 2024

Click Here for more Microvast Charts.

By Dean Seal

 

Shares of Tesla are on track for their longest multi-day winning streak on record after the electric vehicle maker struck a major deal with General Motors, lifting the stocks of other players in the EV industry.

Tesla stock is up 1.1% at $247.15 in midday trading. If they close up Monday, shares will have climbed for 12 straight days, their longest streak since the company went public in 2010.

Shares have doubled since the start of the year. The latest rally accelerated last week after General Motors said its future EVs would use the same charging hardware as Tesla.

Investors are showing other industry heavyweights some love as well.

Shares of Plug Power, the Latham, N.Y.-based maker of hydrogen and fuel-cell systems, are up 11% at $10.18 in midday trading.

Shares of Microvast, a lithium-ion battery company, have jumped 5% so far to $1.47.

Chinese EV maker XPeng's American depositary shares were up 13.2% at $10.05 in midday trading.

Nio, another China-based Tesla rival, saw its shares up 8.8% at $8.41 by midday Monday.

Shares of ChargePoint Holdings, an EV charging company, are up 4.3% at $8.70 in the midday trading session.

 

Write to Dean Seal at dean.seal@wsj.com

 

(END) Dow Jones Newswires

June 12, 2023 14:01 ET (18:01 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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