U Power stock rockets again in active trade, in wake of cooperation pact with Japan-based EV maker

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The shares of U Power Ltd. continued to soar Friday, as it rose 86.0% in premarket trading, and were the second-most actively ahead of the open with 9.5...

The shares of U Power Ltd.

continued to soar Friday, as it rose 86.0% in premarket trading, and were the second-most actively ahead of the open with 9.5 million shares traded. On Thursday, the day after it closed at its lowest price of $3.11, the stock rocketed 144.1% on volume of 123.7 million shares, after the China-based electric vehicle battery company announced a cooperation agreement with Japan-based EV maker Quantum Solutions Co. Ltd.

continued to soar Friday, as it rose 86.0% in premarket trading, and were the second-most actively ahead of the open with 9.5 million shares traded. On Thursday, the day after it closed at its lowest price of $3.11, the stock rocketed 144.1% on volume of 123.7 million shares, after the China-based electric vehicle battery company announced a cooperation agreement with Japan-based EV maker Quantum Solutions Co. Ltd.

 

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