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Why SES AI Stock Plunged Today

TheMotleyFool

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Why SES AI Stock Plunged Today: https://g.foolcdn.com/editorial/images/828090/gettyimages-1435303542.jpg

Shares of the electric vehicle (EV) battery technology company SES AI Corporation (NYSE: SES) fell hard today after the company released Q2 results yesterday that missed analysts' consensus estimates for both its top and bottom lines.

SES AI stock was down by 17.5% as of 11:05 a.m. ET, giving up all the gains it made yesterday after the company regained compliance with the New York stock Exchange's listing requirements.

Image source: Getty Images.

Source Fool.com