STEM is making big moves today. Find out why the stock is trading 18% higher:

Shares of Stem Inc - Class A (STEM) are trading 18% higher at a price of $10.315 at the time of this writing.

1. noteworthy Thursday option activity was seen in Stem Inc., where 17,814 contracts have been traded thus far today. This volume is representative of approximately 1.8 million shares traded.
2. Sen. Joe Manchin accepting the bill has given STEM stock a boost; with his support the legislation is likely to pass a vote in the Senate next week and go to the House of Representatives for another vote which is under Democratic control - meaning it's likely to get approval.
3. The Inflation Reduction Act of 2022 includes several benefits for green energy companies such as additional funding for green energy companies and tackling climate change - something that fits Stem Inc.'s niche as a green energy company .

Stem Inc - Class A has been trading between a 52-week high of $29.45 and a 52-week low of $5.72. The stock has a market cap of $1.59 Billion.

Stem provides solutions that address the challenges of today's dynamic energy market. By combining advanced energy storage solutions with Athena™, a world-classAI-powered analytics platform, Stem enables customers and partners to optimize energy use by automatically switching between battery power, onsite generation and grid power. Stem's solutions help enterprise customers bene t from a clean, adaptive energy infrastructure and achieve a wide variety of goals, including expense reduction, resilience, sustainability, environmental and corporate responsibility and innovation.