XCHG (NASDAQ:XCH) Shares Up 12.6% – Here’s Why

Shares of XCHG Limited (NASDAQ:XCHGet Free Report) shot up 12.6% during trading on Wednesday . The company traded as high as $23.49 and last traded at $23.36. 20,048 shares changed hands during mid-day trading, a decline of 91% from the average session volume of 218,469 shares. The stock had previously closed at $20.74.

XCHG Trading Up 12.8 %

About XCHG

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XCHG Limited engages in designing, manufacturing, and selling of electric vehicle (EV) chargers under the X-Charge brand name in Europe, the People’s Republic of China, and internationally. The company offers direct current (DC) fast chargers under the C6 series and C7 series; and battery-integrated DC fast chargers under the Net Zero series, as well as software system upgrades and hardware maintenance services.

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