What's Going On With EHang Holdings Stock Monday?

EHang Holdings Ltd EH shares are trading higher and trending on Monday. Here's a look at what's going on.

What To Know: EHang shares were halted on pending news ahead of the market open Monday morning. 

The autonomous aerial vehicle company announced that the Nasdaq approved its request to temporarily suspend the trading of its American depositary shares. Shares are expected to resume trading later this week following an announcement concerning a "very significant development regarding its business operations."

EHang said it plans to make the announcement no later than Oct. 13.

See Also: What's Going On With Alibaba Stock Monday?

EH Price Action: EHang has a 52-week high of $23.24 and a 52-week low of $3.32. 

EHang shares were up 7.84% at $18.44 at the time of publication, per Benzinga Pro.

Photo: Lisa Baird from Pixabay.