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-1.45603019622971E-16 0 0 -0.00413114754098359 0.0163934426229508 0.0295081967213114 0.0360655737704918 0.0360655737704918
Stock impact report

Why SES AI Stock Leaped Nearly 22% Higher on Thursday [Yahoo! Finance]

SES AI Corporation Class A (SES) 
US:NASDAQ Investor Relations: ir.synthesisenergy.com
Company Research Source: Yahoo! Finance
10 stocks we like better than Ses Ai › Next-generation battery developer SES AI 's (NYSE: SES) shares were positively electric on Thursday. On news that the company had completed an important overseas acquisition, its share price climbed almost 22%. That was much greater than the 0.5% increase in the S&P 500 index. Jolting the market with an update Before market open that morning, SES AI had announced that its deal to purchase China's UZ Energy had been completed. The two companies agreed at the end of July to a deal in which the American company would pay roughly $25.5 million, not taking into account a potential earnout adjustment based on financial performance. Image source: Getty Images. UZ Energy specializes in energy storage systems (ESS), which, as the name implies, are technologies that capture and retain energy for later use. The company's products are intended for industrial and commercial clients. At the time the acquisition was agreed upon, its deployments had r Show less Read more
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