Xos is trading at $3.40, up 5.92%, in pre-market; the cause of the move remains unclear.
- No fresh Xos announcement explaining the October 13 pre-market move surfaced in search results.
- The U.S. Air Force contract cited in coverage was announced August 17, not October 13, and is not a confirmed new catalyst.
- Major U.S. indices are mixed, with the Nasdaq lower, offering no clear broad-market explanation.