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In June 2020, Hyliion Inc. announced it would become a publicly traded company through the process of merging with Tortoise Acquisition Corp. (NYSE: SHLL) , a special purpose acquisition company (SPAC) . Since publicly announcing the merger on June 19, shares of Tortoise Acquisition have jum...
IMV (NASDAQ: IMV ) +162% rallies on COVID-19 vaccine progress. More news on: IMV Inc., VolitionRx Limited, INmune Bio, Inc., Stocks on the move, , Read more ...
There is a new player in the electric vehicle space – Li Auto Inc . (LI); new only in respect to the publicly listed U.S. stocks. Li Auto Inc. is planning to come out with an IPO soon. Since we have followed the space for a while and love reading SEC filings, here are some of ou...
IPOs are the past The casting couch... Outer borough pit traders with a feeling about how to price some options... A baseball player’s rugged jawline: Every industry had their pre- Moneyball ways of making choices based on favors, hunches, and biases. People did things that w...
Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning. A podcast of Stocks to Watch is also available on Sundays on Seeking Alpha , Apple ...
In this episode of Industry Focus: Wildcard , Nick Sciple and Motley Fool contributor Luis Sanchez talk about SPACs. Discover what they are, what's behind their growing popularity, how they are different from regular IPOs, and what advantages and disadvantages they offer. The hosts also tell ...
Electric-vehicle maker Fisker is in discussions to go public via a reverse merger with a special-purpose acquisition company, or SPAC, in a deal that would be modeled on the successful public-market debut of electric-truck start-up Nikola (NASDAQ: NKLA) last month, according to a new report....
Shares of special purpose acquisition company Tortoise Acquisition (NYSE: SHLL) were trading higher on Wednesday as intense investor interest in the company's pending deal to merge with electric heavy-truck start-up Hyliion continued to drive gains. As of 2:45 p.m. EDT, Tortoise's shares...
“Green” transportation stocks are red hot right now There has been a lot of publicity that has generated a lot of investor interest in alternative transportation fuels, some of which have definitely reached "bubble" valuations. Electric truck maker Workhorse ( WKHS ) recently...
Tuesday brought an intraday reversal to the stock market. The Nasdaq Composite (NASDAQINDEX: ^IXIC) jumped out to a solid gain by the middle of the day, but by the end of the session, the index was down almost 1%. The Nasdaq 100 saw similar declines, motivated in large part by calls from m...
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Hyliion (HYLN) recently went public through a SPAC. It's working on building and electric powertrains for trucks and believes its technology is superior to Tesla (TSLA) and Nikola (NKLA). Electric trucks will be a huge opportunity since it's an $800 billion market. Find out if HYLN has what i...
Hyliion Inc. , a leader in electrified powertrain solutions for Class 8 commercial vehicles, announced today it has completed its business combination with Tortoise Acquisition Corp. (TortoiseCorp). The business combination, which was approved by TortoiseCorp stockholders on Sep...
The stock market took a pause on Tuesday, moving just slightly lower after Monday's huge gains. Investors are bracing for Tuesday night's debate between President Donald Trump and former Vice President Joe Biden, with the potential for market volatility that could result from political even...