Why EHang Stock Was Flying Today
Shares of EHang Holdings (NASDAQ: EH) climbed roughly 11.4% on Monday, according to data from S&P Global Market Intelligence. The stock gained ground in conjunction with the company's presentation of its electric flying taxi at the Mobile World Congress (MWC) in Barcelona, Spain.
Monday's trading also generally saw very strong performance for growth-dependent technology stocks. The tech-heavy Nasdaq Composite index closed the day up roughly 0.9%, and EHang benefited from the positive market momentum.
EHang's flying taxi. Image source: EHang.
Source Fool.com
