Why Is Chijet Motor (CJET) Stock Up 21% Today?

Chijet Motor (NASDAQ:CJET) stock is rising on Friday alongside heavy pre-market trading of the new energy vehicle company's shares. One thing traders will keep in mind is that CJET is a penny stock. This comes from its prior closing price of 29 cents per share and its market capitalization of $46.591 million. If that's the case, traders will want to be careful about taking a stake in Chijet Motor right now. While the stock is currently up, it might not stay that way for long amid volatility. More Stock Mark ...