Lotus Technology (NASDAQ:LOTWW) Shares Down 2% – Here’s Why

Lotus Technology Inc. (NASDAQ:LOTWWGet Free Report)’s share price was down 2% during trading on Thursday . The company traded as low as $0.19 and last traded at $0.20. Approximately 4,200 shares changed hands during trading, a decline of 68% from the average daily volume of 13,222 shares. The stock had previously closed at $0.20.

Lotus Technology Stock Performance

The business has a 50 day moving average of $0.21 and a 200 day moving average of $0.26.

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.

Further Reading

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