NasdaqCM:CBAT
NasdaqCM:CBATElectrical

CBAK Energy Technology (NasdaqCM:CBAT) Up 10% Amid Broader Market Volatility

CBAK Energy Technology (NasdaqCM:CBAT) saw its share price rise by 10.1% last week. This price movement occurred amid broader market volatility where major indexes experienced declines, with the Nasdaq falling by 3.5%. The company might have been influenced by expectations surrounding the semiconductor sector's performance, similar to Broadcom's recent success driven by AI demand. The market experienced a complex week, with Federal Reserve Chair Jerome Powell affirming the economy's strength,...