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Why Kandi Technologies Stock Fell 11.7% in March

TheMotleyFool

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Why Kandi Technologies Stock Fell 11.7% in MarchPhoto, wide shot, wide-angle lens, Automotive service center, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/c8dbaa5e-abdb-40ac-b919-ed80785b056a.png

Shares of Kandi Technologies Group (NASDAQ: KNDI) dipped 11.7% in March, according to data from S&P Global Market Intelligence. The Chinese electric vehicle (EV) company announced new product lines in the month, but it sold off in conjunction with a broader pullback of valuations for companies in the EV space.