Why CBAK Energy Stock Crashed 20% This Morning
After an irrationally exuberant run on Monday that sent its stock up 84% in a day, shares of Chinese lithium battery maker CBAK Energy Technology (NASDAQ: CBAT) are succumbing to gravity this morning, falling 20.3% through 10:30 a.m. EST.
And just like yesterday, there doesn't seem to be any news to explain the price movement.
Image source: Getty Images.
Source Fool.com
