Ideanomics (IDEX) acquires 20% of Energica for $13.1 million
Idaho Reporter » NASDAQ
by Robert K. Reed
3y ago
Ideanomics (NASDAQ:IDEX) acquired a 20% stake in e- motorcycles company-Energica Motor Company- for Euro 10,909,091 which is around $13.1 million. Energica is a Modena, Italy-based company that develops, assembles and distributes battery-powered supersport motorcycles. Energica will invite a representative of Ideanomics to attend meetings of Energica’s board of directors. Ideanomics shall have the right to participate in ..read more
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Lucid-Apple partnership rumor pushes CCIV stock up
Idaho Reporter » NASDAQ
by Robert K. Reed
3y ago
Churchill Capital Corp IV (NYSE: CCIV) stock, one of the hottest SPACs of 2021, gets more action Monday morning as retail investors hope to bring new life to the stock that fell on a deal announcement. Now, bulls have another rumor up their sleeves. Apple to join forces with Lucid Motors in delivering top of ..read more
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If GME stock hits $800 before 2/26 WSB “will trigger the Mother of All Short Squeezes”
Idaho Reporter » NASDAQ
by Robert K. Reed
3y ago
The stock of Gamestop (NYSE:GME) caused a sensation again on Wednesday. After the CFO resigned, the stock posted extreme price gains shortly before the closing bell, triggering circuit breaker several times. But without success. After the trading hours it continued with violent fluctuations, at times the price shot up another 100 percent. The WSB investors ..read more
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Reddit down after AMC, GameStop stock surge at close
Idaho Reporter » NASDAQ
by Robert K. Reed
3y ago
Strange thing happened in the last minutes of the trading day on Wednesday. Just when we thought another boring day on Wall Street is going to end with nothing new to report, we saw a huge spike in WSB related stocks- GME, AMC, BB, NAKD… Almost simultaneously Reddit site went down following GME surge (104 ..read more
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ARKG ETF just invested $11M in BFLY, $9M in OPEN and $8.5M in CMLF stock
Idaho Reporter » NASDAQ
by Robert K. Reed
3y ago
Catherine D. Wood ,the star investor behind ARK Genomic Revolution ETF and ARK Innovation ETF is SPAC shopping again. It was a bloodbath on Wall Street on Tuesday, but Cathie knows that you should buy when everything is in red, even if your portfolio is in red. The bigger the dip the better ROI can ..read more
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ACTC stock surges on School Bus Deal
Idaho Reporter » NASDAQ
by Robert K. Reed
3y ago
Arclight Clean Transition Corp (NASDAQ:ACTC) stock price is up 10% during pre-market on Wednesday, following the biggest E-school bus deal in U.S. The Board of Education in Maryland’s Montgomery County voted unanimously on Tuesday evening to approve a 16-year, $169 million contract to lease 326 buses, part of a plan that could result in the ..read more
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THCB stock up 11% after USPS awarded 10-year contract to Oshkosh
Idaho Reporter » NASDAQ
by Robert K. Reed
3y ago
It is a news all THCB stock holders needed following most recent market-wide selloff. But how is Tuscan Holdings connected with Oshkosh and why is stock price going up all of a sudden? If you followed recent announcements from Microvast, which is going public via blank check company Tuscan Holdings Corp., you probably know that ..read more
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CCIV stock:Beware the Crazy Eddies
Idaho Reporter » NASDAQ
by Robert K. Reed
3y ago
If you are a boomer you probably remember Crazy Eddie. In the late 1980s, the electronics retailer best known for its zany pitchman screaming about prices that were “insaane!” collapsed amid an accounting scandal that sent Eddie Antar, the New York-area chain’s founder, fleeing the country. After evading the law for two years, Antar was ..read more
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SBE shareholders fail to approve merger with ChargePoint, vote postponed
Idaho Reporter » NASDAQ
by Robert K. Reed
3y ago
Shareholders of Switchback Energy Acquisition Corporation (NYSE: SBE) have not approved the reverse merger with Campbell,CA., based Charge Point, an EV infrastructure company. What’s Next for SBE shareholders: Thanks to many retail investors SBE did not get the approval to merge with ChargePoint. Next opportunity to vote is NOW, meaning that you should vote as ..read more
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MCAC shareholders approved merger with Playboy, stock ticker changes to PLBY
Idaho Reporter » NASDAQ
by Robert K. Reed
3y ago
Shareholders of Mountain Crest Acquisition Corp (NASDAQ: MCAC) have approved the reverse merger with Playboy Enterprises Inc., an American men’s lifestyle and entertainment brand. What’s Next for Playboy shareholders: Shares of Mountain Crest Acquisition Corp are likely to stop trading as MCAC in two business days from today. Shares of the new company will trade ..read more
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