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-0.00905660377358485 -0.00905660377358485 -0.00905660377358485 -0.00905660377358485 -0.00905660377358485 0.0241509433962264 0.00981132075471704 0.0241509433962264
Stock impact report

Xos, Inc. (XOS) Stock Jumps 28.0%: Will It Continue to Soar? [Yahoo! Finance]

Xos, Inc. (XOS) 
Company Research Source: Yahoo! Finance
This compares to the stock's 30.2% gain over the past four weeks. Shares of XOS rallied for the fifth consecutive trading session yesterday. Investors are seemingly optimistic of a purchase order from Mission Linen Supply for twelve SV Stepvans from XOS. These stepvans are deemed well-suited for parcel delivery and linen services. XOS looks poised to maintain its upward trajectory. In January 2024, it entered into a merger agreement with Canadian manufacturer ElectraMeccanica, aimed at bolstering its sales of electric vehicles, particularly zero-emission medium-duty electric trucks. XOS reported its third quarter 2023 results in November. It delivered 105 units during the quarter, representing a 176% growth. During the third-quarter results, the company forecast 2023 deliveries in the range of 250 to 350 units in 2023. Having delivered 174 units by the end of September, the company remains on track to potentially surpass 100 units for a second consecutive quarter in Q4'23. Thi Show less Read more
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