13-05-2025
Shares Of This EV Stock Soar On Year-Over-Year Guidance
An EV company based out of China turned heads today after the company issued a year-over-year increase in its FY25 revenue guidance. This uptick in this stock's share price comes hand-in-hand with the broader market catching a bid so far this week.
Traders obviously liked what they heard from the guidance as they quickly bought up shares of LOBO EV TECHNOLOGIES LTD. (Nasdaq:LOBO), pushing the micro cap up to $2.41/share (+217.11%) at the early session high. This move is a strong continuation of the success this stock has had over the last month, finally showing signs of life after riding a multi-month downtrend.
Lobo EV Technologies Ltd. manufactures electric vehicles. The Company designs, develops, and sells e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles such as golf carts and mobility scooters for the elderly and disabled persons. Lobo EV Technologies serves customers worldwide.
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