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home / news releases / FVAC - Neo Performance Materials: Swept Into The Dustbin Of History A Great Way To Play EV Growth


FVAC - Neo Performance Materials: Swept Into The Dustbin Of History A Great Way To Play EV Growth

If you have been paying attention in 2020, then you probably know that this has been a breakout year for EV investor enthusiasm, just see Tesla's (TSLA) stock price. Only one year ago, shares of Tesla were changing hands around $240 per share. If you look back in time and follow the news flow circa July 2019, there was a heated debate as to whether TSLA would run out of cash given its high cash flow burn rate. Lo and behold, at least for now, shares of TSLA are up 5.25X and briefly

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Stock Information

Company Name: Fortress Value
Stock Symbol: FVAC
Market: NYSE

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