What happened to Ideanomics stock?

The Ideanomics stock price fell by -4.56% on the last day (Friday, 18th Aug 2023) from $0.0504 to $0.0481. During the last trading day the stock fluctuated 6.45% from a day low at $0.0465 to a day high of $0.0495. The price has fallen in 8 of the last 10 days and is down by -46.5% for this period.

Why is it important to monitor Ideanomics' stock performance?

Monitoring Ideanomics' stock performance is crucial for investors to gauge the company's market sentiment and investor confidence. Recent news or events may have influenced the company's share price, and staying informed about such developments is essential.

Will IDEX stock see more volatility in 2021?

IDEX stock hit a 2022 high of $1.44 in early January and a low of $0.87 later in the same month. In 2021 its stock price ranged from 88 cents to $5.53. In an interview with Capital.com, Vinod Jain, senior analyst at Aite-Novarica Group, said “the stock could see more volatility due to its current price point”.

Should you buy Ideanomics (IDEX)?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ideanomics in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" IDEX shares.