Electric Last Mile SolutionsJames Taylor was the CEO and he wanted his company to remain separate from its competitors by remaining out of any controversies. “We don’t have any lawsuits, no management issues that we are aware of. We’re delivering and keeping our nose clean,” said the former General MotorsCNBC interviewed an executive in November […]
Coworkers comfort a trader as they sit on the New York Stock Exchange’s floor on March 1, 2018, in New York City. Eduardo Munoz Alvarez / Getty Images (Click here to subscribe to the new Delivering Alpha newsletter.) In the New Year, the oversaturated SPAC Market continues to be crushed as speculative stock with low earnings continue […]
Trevor Milton, CEO at Nikola Massimo Pinca | Reuters Maker of electric trucks NikolaTo settle allegations that it misled investors about its technical capability, products and future business opportunities, the Securities and Exchange Commission was ordered to pay $125 million. SEC officials stated they believed the penalty would be a warning for all companies looking […]
After Robinhood went public, people waited in line to get t-shirts from a kiosk at Wall Street. The company had an IPO on Wall Street earlier that day. Getty Images| Getty Images News | Getty Images The bear market for tech IPOs this year has been a bull. Recent downturn in share prices of highly-valued, […]
U.S. President Donald Trump takes part in the inaugural presidential debate against Democratic presidential candidate Joe Biden, at the Health Education Campus (Case Western Reserve University) on September 29, 2020 in Cleveland. Win McNamee – Getty Images| Getty Images SPAC, a publicly traded company that plans to merge into Trump’s old social media firm, stated […]
Lucid Motors CEO Peter Rawlinson, poses in front of the Nasdaq MarketSite. Lucid Motors, (Nadaq : LCID) will begin trading on the Nasdaq stock market after completing the business combination with Churchill Capital Corp. IV in New York City. This was July 26, 2021. Andrew Kelly | Reuters Shares Lucid GroupThe shares fell by 17% […]