nasdaqgoev
Shares of electric vehicle maker Canoo Inc (NASDAQ:GOEV), a penny stock, skyrocketed almost 90% in early trading after it announced that Walmart Inc (NYSE:WMT) agreed to buy at least 4,500 of its electric delivery vans. According to Canoo, Walmart signed a “definitive agreement” to buy between 4,500 and 10,000 of its all-electric Lifestyle Delivery Vehicles. Walmart Agrees To Buy Vans From CanooThe vans Walmart agreed to buy are small electric vehicles designed to be used for local deliveries. The Lifestyle Delivery Vehicles are also designed to be used in stop-and-go traffic, making them idea...
ValueWalk
Below $42, QS stock is a long-term home run for investors Q1 2021 hedge fund letters, conferences and more Bill Gates appeared on CNBC on Good Friday to discuss his climate-related work for the Economic Club of New York. The conversation veered off into the wild and wooly world of special purpose acquisition companies (SPACs). Gates, an early backer of QuantumScape Corp (NYSE:QS) and QS stock, suggested that people do what he’s doing and only get involved with quality SPACs. The assumption here is that QuantumScape is such a company. Is he right? I’ll explore this subject further. It Helps to ...
ValueWalk
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