Gogoro Inc. after-hours up 2.56% due to US Energy Ministry's gasoline sale announcement to stabilize prices ahead of July 4 holiday.
ByAinvest
Tuesday, Jul 2, 2024 6:34 pm ET1min read
GGR--
Gogoro Inc. experienced a 2.56% increase in after-hours trading following the UK election buildup. News events contributing to the surge included the US Energy Department's announcement of a 1 million barrel gasoline sale from managed reserves, aimed at reducing pre-holiday prices, which dampened market concerns. The FTSE 100's slide, with Sainsbury's drop, further contributed to the mixed market sentiment ahead of the UK parliamentary elections, as investors remained cautious. Despite the oil price rise, these developments influenced Gogoro's after-hours uplift.
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