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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Last month, Hyliion (NYSE: HYLN ) announced a significant innovation. HYLN stock gained 32% on the news. Source: Muratart/Shutterstock.com In the six weeks since then, shares have declined 40%. In fact, HYLN...
The electric vehicle sector is rallying ahead of a speech today by President Biden. Biden's American Jobs Plan covers electric vehicles in detail. White House Fact Sheet on Biden-EVs: "U.S. market share of plug-in electric vehicle sales is only one-third the size of the Chinese EV market. The...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips During this crazy period in the markets where soaring valuations on Wall Street provided a stark contrast to the massive pain on Main Street, the one sector that started to attract some skepticism was technology. But with t...
Wedbush Securities sees an opportunity for long-term investors in the electric vehicle sector. Analyst Dan Ives: "While the stocks and the EV space is clearly going through a painful digestion period, we view this as a short-term pullback in a multi-year upward rally. The EV investing landsca...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Ever since the company Hyliion went public through a merger with Tortoise Acquisition Corp. in October, Hyliion (NYSE: HYLN ) has earned its share of fans and critics. Lately, though, there seem to ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Electric vehicles have been popular on Wall Street for months. The king of the EV herd is, of course, Tesla (NASDAQ: TSLA ). It did all the hard work to pave the way for hundreds to follow. Since the pandemic, we ...
It's almost a foregone conclusion that EVs will replace ICE vehicles in the next decade, and this provides exciting investment opportunities. Last October, I wrote a popular article providing a roadmap for investing in electric vehicles, but since then, so much has changed: new entran...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Tortoise Acquisition Corp. II (NYSE: SNPR ) stock represents equity in the blank check company which is focused on EV mergers. The shares came public back in September. Per SPAC rules, Tortoise Acquisition had up to ...
It has been almost 6 months since my initial review of Hyliion Holdings Corp. Since then, the firm has continued to shore-up finances providing a capital runway for product launch. But the $1M in 2020 expected sales never eventuated. The stock has since lost -36.05%. The p...
The rally is electric vehicles stocks is intensifying today as a number of Wall Street firms came out with strong defenses along with some new initiations. Strong EV sales reported out of China and more murmurings of EV legislation in D.C. are also providing tailwinds today. Notable gainers i...
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Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today announced the signing of a non-binding letter of intent (LOI) with U.S. Energy ™ , a leading developer and distributor of refined products, alternativ...
Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today announced it will host a conference call and accompanying webcast at 11:00 a.m. ET / 10:00 a.m. CT on Wednesday, August 7, 2024, to discuss its financial results, th...
Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, is proud to announce the successful commencement of manufacturing of additive parts for the KARNO generator at its headquarters in Austin, Texas. This significant achiev...