Ideanomics (NASDAQ: IDEX) shares dropped 3.5% after the company announced the acquisition of Solectrac Inc., enhancing its mission of reducing commercial fleet carbon emissions. Electric is a premium zero-emissions electric tractors manufacturer and distributor that employing renewable energy sources. Ideanomics looking to grow Solectrac Ideanomics will provide operational confidence to […]
Tag: Ideanomics
Ideanomics Inc (NASDAQ: IDEX) To Reach The Institutional Shareholder Community Upon Joining Russell Indexes
The stock of Ideanomics Inc (NASDAQ: IDEX) dropped by a margin of about 0.32% to finally settle at $3.14. The company discloses details about its plan to become a part of the Russell 3000® Index. It joins the broad market at a time when the Russell indexes annual reconstitution is […]
Is Ideanomics Inc (NASDAQ: IDEX) Wild Speculation for Investors?
Ideanomics Inc (NASDAQ: IDEX) closed at $3.08 yesterday, up 8% on 18.12 million share volume. The market capitalization of this stock is $1.22 billion. The day range for IDEX stock remains $2.86 – $3.09. This financial technology stock is appearing to be a volatile speculative holding, but if it manages […]