Shares of Ideanomics (NASDAQ: IDEX)rose 94.5% in January, according to data from S&P Global Market Intelligence. The stock gained ground thanks to a combination of acquisitions news, a strong monthly performance update, and momentum for the electric vehicle (EV) space. IDEXdata by YCharts.
Is Ideanomics'stock a buy for dividend growth?
Jan 09, 2021 · What happenedShares of Ideanomics (NASDAQ: IDEX) climbed on Friday, furthering the tech stock's rapid ascent so far in 2021. By the close of trading, Ideanomics' share price was up 5.9% after ...
What are the price targets for Ideanomics'stock?
Apr 11, 2022 · Ideanomics (NASDAQ:IDEX) Shares Gap Up to $1.04 americanbankingnews.com - March 30 at 12:44 PM Here's Why Plug Power, Ideanomics And Virgin Galactic Shares Are Rising - Benzinga - Benzinga
Will Ideanomics’ earnings grow in the next year?
Jan 04, 2022 · Why Is IDEX Stock in the Spotlight Today? However, there is a second source of news that has shareholders of IDEX stock excited. WAVE, a subsidiary of Ideanomics, announced that it had expanded ...
Who are Ideanomics'major shareholders?
Ideanomics has acquired a 70% ownership stake in Energica. Earlier in March, Ideanomics secured 93.63% of the public float of Energica's shares. It paid €3.2 per share in the all-cash ...
Is Ideanomics stock a good buy?
Is IDEX a Good Stock to Buy? In my judgment, IDEX is a good stock to buy at current prices. It is relatively cheap compared to other EV car companies such as Nio and Tesla. In addition, it is racking up strategic partnerships along the way, making it a competitive player in a post-fossil-fuel-driven world.Feb 8, 2022
Will Ideanomics stock go up?
The Ideanomics Inc. stock price gained 0.43% on the last trading day (Thursday, 14th Apr 2022), rising from $0.88 to $0.89. , and has now gained 3 days in a row....Predicted Opening Price for Ideanomics Inc. of Monday, April 18, 2022.Fair opening price April 18, 2022Current price$0.89$0.89 (Undervalued)
Is IDEX a long term hold?
IDEX may be a long-term stock as once the infrastructure is set up, the firm can benefit and add more offerings to it.” Note that analysts' predictions can be wrong. Forecasts shouldn't be used as a substitute for your own research. Always conduct your own due diligence before investing.Mar 22, 2022
Is Ideanomics a Chinese company?
IDEX Stock and the Chinese EV Business But it's important to remember what Ideanomics' Chinese EV business is at the moment. It's a reseller. It buys vehicles in bulk and sells them individually, earning a spread in the process.Apr 23, 2021
Is Ideanomics a buy right now?
2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ideanomics in the last twelve months. There are currently 2 buy r...
How has Ideanomics' stock been impacted by Coronavirus (COVID-19)?
Ideanomics' stock was trading at $0.34 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organi...
How were Ideanomics' earnings last quarter?
Ideanomics, Inc. (NASDAQ:IDEX) posted its quarterly earnings data on Tuesday, November, 23rd. The company reported ($0.11) earnings per share for t...
What price target have analysts set for IDEX?
2 equities research analysts have issued 12-month price objectives for Ideanomics' stock. Their forecasts range from $3.00 to $7.00. On average, th...
Who are Ideanomics' key executives?
Ideanomics' management team includes the following people: Alfred P. Poor , Chief Executive Officer & Director ( LinkedIn Profile ) Keith Byers...
Who are some of Ideanomics' key competitors?
Some companies that are related to Ideanomics include Proterra (PTRA) , The Shyft Group (SHYF) , REV Group (REVG) , Niu Technologies (NIU) , W...
What other stocks do shareholders of Ideanomics own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Ideanomics investors own include NIO (NIO) , Sorrento The...
What is Ideanomics' stock symbol?
Ideanomics trades on the NASDAQ under the ticker symbol "IDEX."
Who are Ideanomics' major shareholders?
Ideanomics' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.73%), State Str...
What is the 52 week high of IDEX?
The current 52-week high sits at $5.53, which is also its all-time high. Coming off of a strong earnings beat this month, retail traders have placed IDEX on their list of penny stocks to watch. According to CEO Alfred Poor, the outlook could be even brighter for the company.
How many stocks are there on Robinhood?
You can find plenty of stocks on the trading platform's 100 most popular list with sky-high share prices. Currently, there are 13 stocks included in the 100 most widely held stocks on Robinhood that have share prices of less than $5 and therefore qualify as penny stocks.
About Ideanomics
Ideanomics, Inc. is a global company focused on facilitating the adoption of commercial electric vehicles and developing next generation financial services and fintech products. The firm operates through the Mobile Energy Global (MEG) and Ideanomics Capital business units.
Ideanomics (NASDAQ:IDEX) Frequently Asked Questions
2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ideanomics in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Ideanomics stock. View analyst ratings for Ideanomics or view top-rated stocks.
What happened
Ideanomics ( IDEX -2.52% ) stock plummeted by as much as 18% today but recovered later in the day, gaining 5.9% as of 3:18 p.m. EST.
So what
Most companies don't usually experience such big share price movements because of new management, but Ideanomics' stock tends to react wildly to company-related news -- whether it's significant or not.
Now what
Ideanomics' stock plummeted yesterday on seemingly no company-related news. Investors may have sold off some of their shares after the company's stock spiked 239.5% in November.
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