The stock market stallions
Lithium battery manufacturer Microvast (NASDAQ:MVST) recently completed their highly anticipated merger with SPAC company Tuscan Holdings (NASDAQ:THCB). Microvast’s debut on Wallstreet has been turbulent, down 19.40% for the week.
Nevertheless, investors are still confident the stock can bounce back as Microvast is a global leader in providing next generation battery technologies for Electric vehicles.…
The SPAC company Churchill Capital Corp IV (NYSE: CCIV) gained traction on Wallstreet after announcing their intentions to merge with EV company Lucid Motors. Lucid Motors has captivated investors after noting their ambitions to take on EV giant Tesla.
Interestingly, Lucid Motors CEO Peter Rawlinson had spent time as an engineering executive at Tesla prior to launching Lucid Motors.…
Auto-tech solution company indie, recently finalised their reverse merger with SPAC company Thunder Bridge Acquisition II (NASDAQ:THBR). The $1.4 Billion transaction saw the combined company raise $495 Million in cash proceeds. With the combined company now trading on Wallstreet, investor interest is mounting after the stock tanked to a 52 week low of $8.13 post merger.…
On the 1st of March, Vector Acquisition Corp (NASDAQ: VACQ) announced its plans to take Rocket Lab public via a reverse merger. Rocket Lab is an end to end, aerospace manufacturer and small satellite launch service. To add to its credentials, in the history of spaceflight Rocket Lab is one of only two private companies that has delivered regular and reliable access to orbit, the other company being Elon Musk’s SpaceX.…
Ford Motor Company (NYSE: F) has outperformed over the past 12 months gaining 108%. Bulls in particular, are confident Ford stock will continue to prosper as Wallstreet continues to back the Electric Vehicle movement. Furthermore, investors have rallied behind the companies announcement on the Ford + initiative and a $30 Billion investment in Electric Vehicles by 2025.…
Nio Inc – (NYSE: NIO) has had a stellar year of trading, outperforming investor and analyst expectations. NIO stock has gained 338% over the past 12 months, cementing its name as one of the most popular stocks on Wallstreet. In addition, the Chinese EV manufacturer managed to deliver 21,896 vehicles in the second quarter of 2021.…
Palantir Technologies (NYSE: PLTR) has seen an incredible debut on Wallstreet. The stock has climbed 153% since listing, far exceeding analysts expectations. Palantir specialises in big data analytics, in particular within the realm of law enforcement and surveillance. Since listing, Palantir has announced multiple large scale Government and Corporate partnerships.…
Virgin Galactic Holdings Inc (NYSE: SPCE) stock has been gaining serious traction on Wallstreet, now up 120% this month. The stock is gaining momentum after the completion of the first human spaceflight from the Spaceport America, New Mexico. The milestone marks the success of the companies third test spaceflight which will provide valuable data for the company to review and plan its next milestone.…
Tesla stock (NASDAQ: TSLA) has continued its stellar run over the past year as the tech innovator continues to dominate the growing EV industry. Tesla’s stock price has risen 211% over the past 12 months, the stocks best performing trading period since its initial listing on Wallstreet.…
Plug Power (NASDAQ:PLUG) stock made waves on Wallstreet last year, posting an impressive 538% gain for 2020. However, in 2021 the company has struggled to maintain this growth, down 7% YTD. In saying this, Plug Power does offer investors a unique investment opportunity within the hydrogen energy industry.…
Apple Inc (NASDAQ:AAPL) is one of the largest tech firms in the United States. APPL stock has rebounded strongly over the last 12 months, now up 51%. The company boasts a market cap of over $2 Trillion and a steady 5 Year Beta of 1.20.…
FuelCell Energy (NASDAQ: FCEL) has seen an incredible amount of growth on Wallstreet. The stock has gained 281% over the past year of trading. FCEL, alongside its competitor PLUG Power have gained investor confidence partly due to the congressional passage of an alternative fuels tax credit through the Biden administration bent towards renewable energy. Furthermore,…
Lordstown Motors (NASDAQ:RIDE) ticker officially debuted on Wallstreet in October 2020 after the completion of its reverse merger with DiamondPeak Holdings (SPAC). The company received $675 million from the SPAC in funding to bolster their manufacturing and distribution of their EV Pickup truck model “Endurance”.…
PayPal (NASDAQ: PYPL) stock has outperformed over the past year of trading, now up 68.50%. The recent introduction of cryptocurrency and buy now pay later (BNPL) has positioned PayPal at the forefront of the payment revolution. Not to mention, the rise in online business and E commerce is sending PayPal merchant fee revenue through the roof.…
Thunder Bridge Acquisition II (Nasdaq: THBR) is closing in on their reverse merger with auto-tech solution company indie. THBR stock has seen a volatile run after announcing the merger in December last year. The stock initially saw a 52 week high of $14.94 a share.…
Li Auto Inc. (NASDAQ: LI) debuted on Wallstreet less than a year ago and has since seen an incredible surge in investor confidence. The stock has gained 39.40% since its listing on the NASDAQ. In the Q1 earnings, we saw Li Auto record 12,579 vehicle deliveries which was slightly lower than their Q4 performance.…
NVIDIA Corporation (NASDAQ: NVDA) had provided investors a golden opportunity in 2020 for steady upward growth. The companies share price gained 121% in value in 2020 alone. The tech giant manufactures Graphic Processing Units (GPU) for Gaming and specialised markets and is seeing a surge in demand in recent quarters.…
Fisker (NYSE:FSR) stock has seen a volatile month of trading, declining 12.22%. Fisker peaked investor interests early last year, after announcing its intentions to merge with Spartan Energy Acquisition (SPAQ). In fact, the proposed merger was one of the most talked about SPAC propositions in 2020.…
Hyliion (NYSE: HYLN) stock has been trending downwards since the completion of its reverse merger in 2020. What first started as hype surrounding the SPAC company SHLL has now simmered down alongside the majority of the EV SPAC Industry. However, despite the downtrend in the stock price, revenue projections over the next 5 years suggest the company will turnover $2 Billion in revenue by 2024.…
Northern Genesis Acquisition Corp (NYSE: NGA) announced on November 30 that they have entered an agreement to merge with EV manufacturer Lion Electric. The merger adds to the vastly growing list of EV innovators jumping on board the SPAC train to raise much needed capital.…