China Automotive Systems. Goes Unnoticed For Too Long

MarioGuti/iStock via Getty Images A Stock in Drive China Automotive Systems, Inc. (NASDAQ:CAAS) stock is a victim of China's New Electric Vehicle and automotive sales industry success. This small company with a $108.97M market cap has been unnoticed for too long. The stock hit a high of$9.61 per share in early 2023. Subsequently, bad news disappointed investors in the EV industry, compounded by political and economic headwinds that undercut the stock's momentum. 12 months later, CAAS shares closed just abo ...