Why Chijet Motor Company (CJET) Stock Is Exploding 100% Higher
Why Chijet Motor Company (CJET) Stock Is Exploding 100% Higher
Chijet Motor Company, Inc. (NASDAQ:CJET) shares are trading higher by 100% to $7.60 Monday morning. The stock is experiencing an upward trend in trading Monday, driven by post-IPO volatility subsequent to its debut listing on the NASDAQ on Friday.
Chijet 汽车有限公司 纳斯达克股票代码：CJET）周一上午股价上涨了100％，至7.60美元。受周五在纳斯达克首次上市后的首次公开募股后波动的推动，该股在周一的交易中呈上升趋势。
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At present, the stock has witnessed a trading volume exceeding 6 million shares, surpassing the approximately 1.7 million shares traded during its initial public offering on Friday.
目前，该股的交易量已超过600万股，超过了周五首次公开募股期间交易的约170万股。
Chijet specializes in developing, manufacturing, selling and servicing traditional fuel and electric vehicles. Chijet says with state-of-the-art manufacturing systems and a stable supply chain, the company offers high-performance products at competitive prices.
Chijet 专门开发、制造、销售和维修传统燃料和电动汽车。Chijet表示，凭借最先进的制造系统和稳定的供应链，该公司以具有竞争力的价格提供高性能产品。
The Yantai factory in China will focus on EV production and serve as the company's headquarters.
中国烟台工厂将专注于电动汽车的生产，并作为公司的总部。
According to data from Benzinga Pro, CJET has a 52-week high of $13.02 and a 52-week low of $3.49.
根据Benzinga Pro的数据，CJET创下52周高点13.02美元，创52周低点3.49美元。