Shares of penny stock Enerkon Solar jumped as much as 3,400 percent, driven in part by the U.S. company’s statements it was in talks with the Ukrainian government about a solar-power project in the Chernobyl exclusion zone and a nationwide 5G network. Some investors say it just doesn’t add up.
The indictment unsealed this week targets two U.S. businessmen with Ukrainian business interests, charging them with violating campaign-finance laws. But the court papers also add more evidence of Ukrainian links to the impeachment inquiry that has engulfed President Donald Trump's administration.
