Quanergy Systems surges as retail investor interest jumps

Quanergy Systems

18/02/2022 14:25

** LiDAR sensor maker's  QNGY.N  shares soar 67% to $7
premarket, set to extend gains to a fourth session
    ** QNGY gained ~31% on Thursday after the co said it had
received orders for more than 1,000 sensors for IoT applications
 urn:newsml:reuters.com:*:nBw76r0Bqa 
    ** Co is among the top trending stocks on retail
investor-focused social media platform Stocktwits.com
    ** Message vols on stocktwits up 200%
    ** QNGY began trading on NYSE on Feb. 9 after combining with
China-based blank-check firm CITIC Capital Acquisition Corp
 urn:newsml:reuters.com:*:nASN0023W8
    ** More than 5.4 mln shares trade so far, nearly six times
their 25-day moving avg


 (Reporting by Bansari Mayur Kamdar in Bengaluru)
 ((BansariMayur.Kamdar@thomsonreuters.com;))