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Why Did Eos Energy Stock Jump Today?

TheMotleyFool

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Why Did Eos Energy Stock Jump Today?: https://g.foolcdn.com/editorial/images/878966/energy-storage.jpg

Eos Energy Enterprises (NASDAQ: EOSE) provided preliminary second-quarter results today, and the market cheered. The battery energy storage company expects record revenue and will report a record backlog when it provides its full financial update on Aug. 5.

That had the stock soaring today. Shares jumped about 10% and held onto a 4.6% gain at 11:30 a.m. ET.

Source Fool.com

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