China’s Kandi, Tesla Foe, Up As SEC Probe Ends

By | February 18, 2015

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Kandi Technologies Group (KNDI) stock closed up 14% Tuesday at 13.99, one of the top 10 percentage gainers on the Nasdaq. The Chinese electric vehicle maker said Tuesday that a Securities and Exchange Commission investigation into the company ended without any enforcement-action recommendation from the agency. “We are extremely pleased that the SEC has concluded its investigation, particularly since its existence was the subject of much misleading Scalper1 News

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