Lotus Technology (NASDAQ:LOTWW) Shares Up 49.3% – Here’s What Happened

Lotus Technology Inc. (NASDAQ:LOTWWGet Free Report) shares traded up 49.3% on Friday . The company traded as high as $0.26 and last traded at $0.25. 1,533 shares were traded during mid-day trading, a decline of 96% from the average session volume of 35,025 shares. The stock had previously closed at $0.17.

Lotus Technology Price Performance

The company’s 50-day moving average is $0.25 and its two-hundred day moving average is $0.29.

About Lotus Technology

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Lotus Technology Inc engages in the design, development, and sale of battery electric lifestyle vehicles worldwide. It also distributes sports cars. The company sells its products under the Lotus brand. Lotus Technology Inc is based in Shanghai, China.

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