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Electric Last Mile Solutions (NASDAQ: ELMS) shares fell more than 45% during intraday trading on Monday after the company verified a probe by the Securities and Exchange Commission. The electric vehicle company as well as the SEC have yet to respond to requests for comment. ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Today has been a rather rocky one in the markets. But for investors in Electric Last Mile Solutions (NASDAQ: ELMS ) it has been especially grim . Currently, ELMS stock is down more than 50% from yesterday’...
New York, New York--(Newsfile Corp. - March 14, 2022) - Levi & Korsinsky, LLP notifies investors in Electric Last Mile Solutions, Inc. f/k/a Forum Merger III Corp. ("ELMS" or the "Company") (NASDAQ: ELMS) of a class action securities lawsuit. The lawsuit on behalf of ELMS investors has ...
Gainers: Volt Information Sciences (NYSE:VOLT) +96%. Red Cat Holdings (OTCQB:RCAT) +46%. Turquoise Hill Resources (NYSE:TRQ) +32%. Zhongchao (NASDAQ:ZCMD) +29%. Mullen Automotive (NASDAQ:MULN) +28%. AgriFORCE Growing Systems (NASDAQ:AGRI) +26%. FirstMark Horizon Acquisition (NYSE:FMAC) +23%. ...
Electric Last Mile Solutions (NASDAQ:ELMS) plunged in early trading on Monday after the company decided to withdraw all previously issued business outlook and related forward-looking statements, as well as other commercialization targets until it has more forecasting confidence. The developme...
US commercial electric vehicle maker Electric Last Mile Solutions (NASDAQ:ELMS) will lay off about 24% of its staff as it looks to focus on its core business and become leaner, the company disclosed in a regulatory filing on Friday. The plan to terminate 50 employees was approved on Feb. 21, ...
Global electric car sales Jan. 2022 - Up 87% YoY reaching 10% share. China sales up 115% YoY to 17% share. Europe sales were up 39% YoY to 19% share. EV market news - US$5B plan to fund EV charging network over 5 years. USA Q4, 2021 EV sales up 72%. 10 electric pickups coming to the U...
The electric vehicle sector is buzzing with new developments including Ford (F +6.3%) confirming plans to separate the automaker's EV business. General Motors (GM +2.9%) and Stellantis (STLA +2.6%) both showed gains as investors weighed the implications for those legacy auto giants. Meanwhile...
San Francisco, California--(Newsfile Corp. - February 16, 2022) - Hagens Berman urges Electric Last Mile Solutions, Inc. (NASDAQ: ELMS) investors and Forum Merger III Corporation (NASDAQ: FIII) (NASDAQ: FIIIU) (NASDAQ: FIIIW) investors with significant losses to submit your losses...
Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $200,000 In ELMS To Contact Him Directly to Discuss Their Options New York, New York--(Newsfile Corp. - February 14, 2022) - Faruqi & Faruqi, LLP, a leading national securities law firm, i...
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The ELMS Assets Expand Mullen’s Manufacturing Capacity, and With the Previous Bollinger Acquisition, Product Introductions to Market Will be Accelerated, Placing Mullen in a Unique Competitive Position Brea, CA - ( NewMediaWire ) - December 01, 2022 - Mullen Automoti...
Existing Shareholders Invest $150 Million to Accelerate Production and Delivery of EVs Brea, CA - ( NewMediaWire ) - November 17, 2022 - Mullen Automotive, Inc . (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric...