Hyliion shares climb after Navy trial spotlights KARNO tech
Hyliion Holdings Corp. surged on Friday, with shares trading near $6 after a spike to $6.24. Investors piled in after news on the company’s KARNO platform and an update from a U.S. Navy sea trial. Shares were up about 40% from Hyliion’s $4.20 close on May 21. Quoted volume topped 15 million shares.
