What’s going on with Cenntro Electric (NASDAQ:CENN) stock right now? Today, shares of the electric vehicle (EV) company closed higher by more than 25% on seemingly no company-specific news.
As a refresher, Cenntro Electric rebranded from the Naked Brands name just last year after merging with Cenntro. Afterwards, the company ticker changed from NAKD to CENN.
So, why exactly is CENN stock trading higher today? Here’s what investors should know about Cenntro Electric moving forward.
The post 5 Investors Betting Big on Cenntro Electric (CENN) Stock originally appeared at InvestorPlace.