LOBO Electric Vehicles (LOBO) Surges Over 29% on Strong Growth Outlook

Shares of LOBO Electric Vehicles (LOBO, Financial) soared over 29% to $2.72. The company announced its expectation for an 80% increase in full-year revenue for 2024 compared to last year, driven by recent capacity expansion, new product launches, and entry into new markets.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.