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Why SES AI Stock Jumped 75% This Week

TheMotleyFool

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Why SES AI Stock Jumped 75% This Week: https://g.foolcdn.com/editorial/images/837381/gettyimages-1420032790.jpg

SES AI (NYSE: SES) stock exploded this week, soaring 77.7% at its highest point in trading in the week through 1:30 p.m. ET Friday, according to data provided by S&P Global Market Intelligence.

While the little-known company was busy with the launch of an advanced artificial intelligence (AI)-powered software for discovery of battery materials, investors couldn't stop piling into its shares in anticipation of a potential investment by the U.S. government.

Image source: Getty Images.

Source Fool.com