EV battery maker SES AI sees record one-day surge

Investing.com -- SES AI, an electric vehicle (EV) battery maker, has witnessed a record-breaking surge in its shares, with a one-day increase of as much as 168%.

This marks the fourth consecutive session of gains for the company's stock.

Over the course of this four-day winning streak, the stock has experienced a massive surge of approximately 300%.

The trading volume of SES AI shares during this period has been almost 130 times the 20-day average for the same time of day, as per data compiled by Bloomberg.

Despite this significant rise, the stock has not fully recovered from previous losses. For the year to date, SES AI's shares are still down by roughly 7%.

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Source: Investing.com