Stock Market Stallions
CIIG Merger Corp (NASDAQ: CIIC) first announced the reverse merger with Arrival in November 2020. The SPAC company CIIG Merger Corp has since gained over 108% in the share price, illustrating a bullish investor sentiment. Arrival Ltd. has peaked the interests of investors, with its evolutionary EV passenger bus and van models.… Read more
Plug Power (NASDAQ:PLUG) stock has continued its bullish run, posting an impressive 1,102% increase over the past year. The hydrogen cell developer has kept analysts busy, toppling their 12 month price target expectations. Plug Power’s sheer operating scale makes it the largest liquid hydrogen consumer in the world.… Read more
Reinvent Technology Partners (NYSE: RTP) announced its intentions to take Joby Aviation public via a reverse merger. This announcement made waves on Wallstreet this week as Joby Aviation plans to launch its Air Taxi service in 2024. The aviation company will list on the NYSE however the new stock ticker is yet to be released.… Read more
The new age Chinese Electric Vehicle trio NIO, Xpeng and Li Auto have made their presence felt in the US markets. Li Auto Inc. (NASDAQ: LI) debuted on Wallstreet less than 7 months ago and has since seen an incredible surge in investor cofindence. The stock has gained 75% since its listing on the NASDAQ.… Read more
Churchill Capital Corp IV (NYSE: CCIV) stock surged 214% over the past month as rumours on Wallstreet speculated the potential merger with Lucid Motors. On Monday afternoon CCIV officially announced its intentions to take Lucid Motors public in a reverse merger. Lucid Motors has made a name for itself on Wallstreet announcing its ambitions to take on EV Goliath, Tesla.… Read more
Tesla stock (NASDAQ: TSLA) has continued its stellar run this year as the tech innovator continues to dominate the growing EV industry. Tesla’s stock price has risen 344% in the past year, its best performing trading period since its initial listing on Wallstreet. With such positive stock growth over the past year, investors are now questioning what to expect for 2021/22.… Read more
Fisker (NYSE:FSR) has seen a positive month of trading, gaining over 20%. Fisker initially peaked investor interests early last year, after the company announced its intentions to merge with Spartan Energy Acquisition (SPAQ). In addition, the merger was one of the most talked about SPAC propositions in 2020.… Read more
HighCape Capital Acquisition Corp (NASDAQ: CAPA) announced yesterday their intentions to merge with Quantum-Si, a leader in Semiconductor Chip-Based Proteomics. Simply put, Quantum-Si have developed a semiconductor chip that potentially has the power to decode the molecules of life. Furthermore, this holds the “potential to advance drug discovery and ultimately diagnostics beyond what has been possible with DNA sequencing.”… Read more
Nio Inc – (NYSE: NIO) has had a stellar year of trading, outperforming investor and analyst expectations. NIO stock has gained 334% over the past 6 months of trading, cementing its name as one of 2020’s best performing stocks. In addition, the Chinese EV manufacturer managed to deliver over 12,000 vehicles in the third quarter of 2020.… Read more
Atlas Crest Investment Corp (NYSE: ACIC) announced its intention to merge with Urban Air Mobility company Archer. The news of the merger sent ACIC stock surging over 20% to a 52 week high of $15.75. The SPAC merger is expected to provide the merged company $1.1 billion of gross proceeds to fund future growth.… Read more
FuelCell Energy (NASDAQ: FCEL) has seen an incredible amount of growth on Wallstreet this year alone. The stock has gained 63% in the past month 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. … Read more
Palantir Technologies (NYSE: PLTR) has seen an incredible debut on Wallstreet. The stock has climbed 279% over the past month, far exceeding analysts expectations. Palantir specialises in big data analytics, in particular within the realm of law enforcement and surveillance. Palantir recently announced its partnership with tech giant IBM on artificial-intelligence applications.… Read more
XL Fleet Corp (NYSE: XL) has closed out its first official month trading on Wallstreet, after completion of the SPAC merger with PIC. The stock is down 6% in the past 30 days, with XL Fleet investors experiencing a rollercoaster of volatility. The stock peaked at $35 a share in late December however analysts are confident the stock will see the $30 margin again in 2021.… Read more