Is it true that the CBAK Energy (CBAT) stock skyrocketed after the hot update?
The stock of CBAK Energy (NASDAQ: CBAT) is soaring in the early session on Thursday morning, but there is no news relating specifically to the Company. This surge is attributed to a widely published report stating Nio (NYSE: NIO) will produce vehicle models with less expensive lithium iron phosphate batteries to expand its consumer base. […]