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Ovid Therapeutics (OVID) -51% after it misses goal in Angelman syndrome treatment.FuelCell Energy (FCEL) -25% after discloses below-consensus FQ4 revenues; to launch offering.Workhorse Group (WKHS) -22% after Trucks.com reports of further delays in the ...
Global electric car sales for Oct. 2020, up 127% YoY (fastest growth in 8yrs) at 4.9% share. Europe sales up 195% YoY reaching 13% share, China sales rose 120% YoY. EV market news - Biden's pro-EV sector policies. UK bans sales of new gas & diesel cars from 2030. USA Zero Emission...
Even with some COVID-19 tailwinds at the end of the month, the consumer sector saw stellar returns in November amid a broad market rally. The biggest gainers in the consumer sector during the month of November were electric vehicle names. The top six gainers for consumer stocks with a market ...
Do You Have These Hot Stocks To Watch On Your Watchlist Tomorrow? With the rally in the stock market last week, the Dow Jones Industrial Average hit an all-time high of over 30,000. This comes from optimism by investors on the progress of coronavirus vaccines from big biotech stoc...
The electric vehicle industry’s impressive growth is driving investors to look at the newly emerged companies instead of overvalued industry giants for higher profits. Will start-up ElectraMeccanica Vehicles Corporation’s (SOLO) unique designs be sufficient to take on China ...
What a decade ago seemed far from becoming a reality is now part of the mainstream narrative — electric vehicles (EVs) and the energy revolution are here to stay. Even amid the uncertainty COVID-19 has brought to the world, the shift toward green energy is gathering momen...
Hepion Pharmaceuticals (HEPA)-28% after prices equity offering at $1.50.Fuel Tech (FTEK) -25%.ECMOHO (MOHO) -24%.Ideanomics (IDEX) -17%.Nikola (NKLA) -15% on concerns over GM deal, gauntlet of stock.Blink Charging (BLNK) -12%.Li Auto (LI) -12% Chinese EV stocks ...
The wild ride for electric vehicle stocks could be calming down as investors finally pull back on the multi-month buying spree tied to the U.S. election, strong sales reports out of China and a general FOMO (fear of missing out) wave. Electrameccanica Vehicles (SOLO) is down 5.95% in premarke...
EV stocks are taking a breather after an eye-popping week or two of gains that have been tied broadly to news out of China, the election of Joe Biden and the blazing path of Tesla straight to the S&P 500 Index. Ayro ([[AYRO]] -17.5%), Electrameccanica ([[SOLO]] -16.7%), GreenPower Motors ...
Shares of Canadian electric-vehicle maker ElectraMeccanica Vehicles (NASDAQ: SOLO) were trading lower on Tuesday, declining for a second day after a prominent short-seller called its business and valuation into question. As of 11:15 a.m. EST, ElectraMeccanica's shares were tradi...
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Luxury high-performance sports car carmaker Porsche has announced that it is abandoning its electric vehicle targets due to sluggish EV demand. Porsche is the latest in a growing list of established automakers that made ambitious electrification plans but have been forced to scale back amid fa...
New research has revealed that electric-vehicle demand among American drivers has waned for the first time in four years . The research confirms what many automakers have been experiencing for the past several months: the nascent EV industry is losing the steam it has gathered over the last deca...
The recent drop in electric vehicle demand that has left many automakers rethinking their electrification plans may be short-lived. New data shows that while the drop in EV sales may have forced major carmakers such as General Motors (GM) and Ford to scale down their plans amid mounting losses ...