Shares of electric vehicle maker Arcimoto, Inc. (FUV) are up more than 10% Monday morning at $18.05.
There have been no company specific news today, that could be attributed to the upward movement of the stock.
On July 28, the company said it demonstrated the first ever driverless Arcimoto Flatbed utility vehicle (FUV) at this year’s FUV and Friends Summer Showcase at the Portland International Raceway on July 26.
The stock has gained more than 20% in the past 5 days.
FUV has traded in the range of $4.68- $36.80 in the past 52 weeks.
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