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Why Solid Power Stock Surged Today

TheMotleyFool

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Shares of Solid Power (NASDAQ: SLDP) soared on Friday. The solid-state battery company's stock was up by as much as 12.4% in the session and ended the day up roughly 9.2%.

The big gains for the company's shares seem to stem from a Form 4 filing on Thursday with the Securities and Exchange Commission (SEC) showing that CEO Doug Campbell had exercised options to purchase more than 5.09 million shares of the company's common stock.

Image source: Getty Images.

Source Fool.com

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