Why Did Eos Energy Stock Jump Today?
Eos Energy says its business is booming.
Overview
Eos Energy Enterprises (NASDAQ: EOSE) provided preliminary second-quarter results today, and the market cheered. The battery energy storage company expects record revenue and will report a record backlog when it provides its full financial update on Aug. 5.
That had the stock soaring today. Shares jumped about 10% and held onto a 4.6% gain at 11:30 a.m. ET.
Details
Source
Originally published at www.fool.com.
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