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Even after sliding into red on Friday, Xos Inc stock closed at 6.00 USD, posting a massive gain of 2.94 USD (96.08%) over the past five days. This near-doubling of its value came after Xos Hub electric vehicle charging unit was added to the General Services Administration Schedule this week.
On February 21 at 7:59 PM GMT-5, the stock demonstrated significant volatility, reaching a high of 6.03 USD and a low of 5.01 USD during the session. It opened at 5.50 USD, showing early strength and continuing its upward trajectory throughout the day.
The bullish sentiment extended into after-hours trading, where the stock climbed an additional 0.100 USD (1.67%), bringing its price to 6.10 USD. With a market capitalization of 4.82Cr, Xos remains a small-cap stock in the market.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.