Why is Phoenix Motor (PEV) Stock Rising in Friday Premarket?
Why is Phoenix Motor (PEV) Stock Rising in Friday Premarket? The actions of Phoenix Motor Inc. (NASDAQ:PEV) are trading higher pre-market this Friday after the company reported a substantial increase in first quarter results. Net income rose to $9.4 million from $1.8 million in the prior-year quarter. Gross profits were $2.5 million versus $0.2 million … Read more