Why CarParts.com Stock Was Surging Today

Why CarParts.com Stock Was Surging Today

Shares of CarParts.com (NASDAQ: PRTS) were revving today after some electric vehicle pixie dust landed on the stock today. The online car parts seller said it just launched a marketplace for electric vehicles, hybrids, and plug-in hybrids. Investors have been going gaga for anything related to the electric vehicle industry so it's not a surprise to see shares of the e-commerce stock charging higher on the news.