EV stocks dipped in morning trading

Tiger Newspress2021-11-17

EV stocks dipped in morning trading.Arrival,Rivian,Lucid,Fisker,Nio,Xpeng Motors and Li Auto fell between 1% and 17%.

Arrival announced today the commencement of an underwritten public offering of 25,000,000 ordinary shares (the “Follow-on Offering”) pursuant to a registration statement on Form F-1 filed with SEC. In connection with the Follow-on Offering, Arrival intends to grant the underwriters the option to purchase up to 3,750,000 additional ordinary shares. All shares are being offered by Arrival.

Rivian stock has more than doubled in the past week, since the electric truck maker’s smash-hit initial public offering.Now may be a good time for investors to put on their seatbelts—because the road is undoubtedly going to get bumpy.

Morgan Stanley is skeptical of red-hot Lucid, says EV stock could fall 70%.

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精彩评论

  • JC888
    2021-11-18
    JC888
    Both Lucid and Rivian prices have really gone thru the roof for no reasons when there is no products in sight. Even if there is, what about its robustness; still an unknown right ! Lastly there is no mentioned that they are producing their own semi-con - so will they not be affected by semi-con shortages ? Factors to consider before investing right ?
    • JC888
      If the younger Gen is speculating then it's comes with the territory... If for investment then.. Oops..
    • AdairHoratio
      both lucid and rivian is undervalued, they can double their price by the end of the year. believe it or not.
    • Frosty4ever
      it's the age of meme stocks. pity those who bought at the high.
  • yeoldCK
    2021-11-18
    yeoldCK
    There is early starter but no clear leader yet. There is room for more (innovative) players.
  • SGboy
    2021-11-18
    SGboy
    Stay clam
  • JcJc
    2021-11-18
    JcJc
  • Saun
    2021-11-18
    Saun
    Is it a good opportunity to buy Arrival
  • Maxsoh49
    2021-11-18
    Maxsoh49
    Earlier this week Tesla had so much news making waves for EV. Guess it’s cooling down before going higher
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