CVA - Trucking company TuSimple tops gainer in Industrial while Custom Truck One leads losers list
The week's top five gainers in the industrial sector (stocks with a market cap of $2B+) for the week ending June 11, 2021Autonomous long-haul trucking company TuSimple Holdings (TSP), which went public in April, was the week's top gainer +27.12%.Embraer S.A. (ERJ) +19.44%. The aircraft and system's manufacturer shares surged following reports that it is in talks to merge its electric vehicle takeoff and landing unit - Eve Urban Air Mobility with Zanite Acquisition (ZNTEU), valuing the combined entity at about $2B. BofA upgrades Embraer to buy citing significant upside from a potential public listing or other investment opportunities related to its Eve Urban Air MobilityStar Bulk Carriers (SBLK) +19.44%. YTD the shipping company has seen its stock rise by 143.83%.Smart building products maker View (VIEW) +18.79%. The company is set to join the broad-market Russell 3000 Index.Covanta (CVA) was close behind at +18.46%. The waste-to-energy company's stock gained earlier in the week on a report that it is exploring a sale.The week's
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Trucking company TuSimple tops gainer in Industrial, while Custom Truck One leads losers list