Electric vehicle manufacturer Lightning eMotors Inc went publicvia SPAC and saw shares fall below $10 after the merger was completed.Here’s why shares are spiking past the $10 level Tuesday.What Happened:Lightning eMotors announceda multiyear deal with Forest River, a company owned by Berkshire Hathaway.The deal could be valued at up to $850 million with a total of 7,500 vehicles that could be delivered.The agreement will have Lightning eMotors build electric powertrains and provide charging pro
This is Temporary pull back and buy more below $40
EV stocks fell in morning trading
EV stocks fell in morning trading.NIO fell over 4% in morning trading. Share of Nio Inc. $$ shed over 4% in morning trading Friday, after the China-based electric vehicle maker disclosed the offering of 1.68 million shares by selling stockholders.In and S-1 filing with the Securities and Exchange Commission late Thursday, Quasar Energy Partners LLC, Philipp Brothers Fertilizer LLC and Little Brothers LLC are selling off their entire stakes in Nio, totaling 1,682,267 shares, representing 0.4% of