Daily Market Updates: Ola Electric shares surge 16%, biggest 1-day gain since April; why is the stock rallying despite brokerage downgrades?

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Ola Electric shares surge 16%, biggest 1-day gain since April; why is the stock rallying despite brokerage downgrades?

Reported · Written up by our desk · North America

Ola Electric shares jumped 16.3% on October 27, their biggest single-day gain since April, as trading volumes surged and auto-sector sentiment improved. The rebound followed a steep October decline and analyst downgrades, while the stock remains down about 4% for the month.

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LiveMint MarketsOla Electric shares surge 16%, biggest 1-day gain since April; why is the stock rallying despite brokerage downgrades?

Global Markets

Ola Electric shares surge 16%, biggest 1-day gain since April; why is the stock rallying despite brokerage downgrades?

More like this

Sources

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