Xos Stock Surges 200% Premarket as Tiny EV Maker Targets AI’s Power Bottleneck
Xos Inc shares surged before the bell on Wednesday after the electric commercial vehicle and energy-storage company launched a new Power Hub product aimed at data centers, giving investors a fresh angle on the AI power trade. The stock was quoted at $7.12 in premarket trading at 8:52 a.m. EDT, up about 219% from Tuesday’s close of $2.23.