Benzinga
Why Naked Brand Shares Are Rising
Naked Brand Group Ltd (NASDAQ: NAKD) shares are trading higher after the company announced it entered into a definitive agreement under which Naked will acquire the outstanding stock in three entities comprising Cenntro Automotive Group. “After assessing numerous companies with promising, innovative technologies, we believe Cenntro offers the most compelling opportunity, as it not only has unique commercial EV technology, but has proven that it has been able to manufacture and deliver growing nu