Shares of Chinese EV maker Kandi down after short-seller report. (Reuters) - Shares of Kandi Technologies Group Inc fell more than 19% on Monday, after the short-selling research house Hindenburg alleged that the Chinese electric vehicle maker used fake sales to take money from U.S. investors.

Why is Kandi stock going down?

Kandi stock plunges after short seller alleges 'brazen scheme' to falsify revenue.

Will Kandi Technologies go up?

Will Kandi Technologies Group stock price grow / rise / go up? Yes. The KNDI stock price can go up from 4.630 USD to 4.974 USD in one year.