LOBO: Electric Vehicle Maker Sees 11% Surge in Stock After Revenue Growth

Oct 03, 2024

Shares of Lobo Electric Vehicles (LOBO, Financial) rose significantly, climbing over 11% to $2.05. This increase follows the company's announcement of a 49% rise in operating revenue for the first half of 2024, alongside a 45% boost in sales volume.

Lobo Electric Vehicles specializes in the development, production, and sale of electric mobility products, including electric bicycles, motorcycles, and scooters.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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