NASDAQ:ELPW 31 January 2026 - 4 May 2026

Elong Power Holding Limited’s Nasdaq-listed shares jumped about 72% in Monday midday trading, with volume above 32 million shares, as investors weighed a fresh lock-up expiry report for the battery-energy storage company. MarketScreener, citing S&P Capital IQ, reported that restrictions ended May 4 on 3,844,867 Class A ordinary shares and 361,090 Class B ordinary shares.

Shares of Elong Power Holding Ltd. surged in late-morning Nasdaq action Friday, adding to a streak of wild swings for the Chinese battery and energy-storage company. The stock traded at $3.37, up roughly 26%. Earlier, it hit $4.37. Volume had already topped 58 million shares.

Elong Power Holding Limited plunged roughly 53% to $6.49 in Monday’s premarket, following a Friday close at $13.94. The battery company’s U.S.-listed shares took a sharp hit early in the session.

Shares of Nasdaq-listed Elong Power Holding Limited surged to $13.94 by Friday’s close, marking a staggering 3,141% gain in a single day. After-hours trading saw the price retreat to around $3.46. More than 16 million shares changed hands, per market data.