According to data compiled by S&P Global Market Intelligence, EOS Energy (NASDAQ: EOSE) cruised to a nearly 10% gain this week. This was the second week in a row the stock managed an outsized gain for its shareholders, with much of the increase coming on the back of a new business partnership it signed.

That tie-up, announced Monday morning, gave EOS a nice lift across the subsequent trading days. EOS and high-performance power electronics manufacturer Unico divulged that they have formalized their collaboration by signing a multiyear partnership arrangement.

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Source Fool.com