DPHC - Why Electric Car Stock DiamondPeak Holdings Skyrocketed More Than 50% in September
Shares of DiamondPeak Holdings (NASDAQ: DPHC) soared by 53.5% in September, according to data provided by S&P Global Market Intelligence .
The special purpose acquisition corporation (SPAC) is slated to take electric truckmaker Lordstown Motors public before the end of the year. Extreme interest in it and other electric vehicle companies sent DiamondPeak's shares on a roller-coaster ride throughout the month.
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Why Electric Car Stock DiamondPeak Holdings Skyrocketed More Than 50% in September