Fluence Energy ( (FLNC) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Fluence Energy’s stock price surged due to the start of manufacturing its Smartstack energy storage solution and the delivery of its first domestically manufactured system. This strategic growth has led to a modest increase in the company’s price target. Additionally, unusually active option classes indicate heightened investor interest, further driving the stock’s upward movement.
More about Fluence Energy
YTD Price Performance: -36.13%
Average Trading Volume: 5,278,072
Technical Sentiment Signal: Buy
Current Market Cap: $2.08B
For further insights into FLNC stock on TipRanks’ Stock Analysis page.
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