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Why Eos Energy Stock Is Soaring Today

TheMotleyFool

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Why Eos Energy Stock Is Soaring Today: https://g.foolcdn.com/editorial/images/874856/investor-looks-at-smartphone-and-celebrates.jpg

Starting the week on a bullish note, Eos Energy (NASDAQ: EOSE) stock closed more than 5% higher from Friday's close. And the upward momentum in Eos Energy stock seems capable of extending through today's market close as well. The company, a developer of energy storage solutions, announced a significant achievement, motivating investors to bid the stock higher.

As of 12:05 p.m ET, shares of Eos Energy are up 7.8%, retreating from its earlier rise of 13.9%.

Image source: Getty Images.

Source Fool.com

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