Today I’ll analyze and compare Mullen Automotive (MULN) and Cenntro Electric Group (CENN) to determine which electriv vehicle stock is currently a better buy. shutterstock.com – StockNews The electric vehicle (EV) market is growing at a solid pace, with over 6.6 million EVs being sold across the globe in 2021, […]
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What happened Shares of Rivian Automotive (NASDAQ:RIVN) dropped last week when it was reported that the company idled production in early January at its Illinois manufacturing plant and that there is local opposition to its previously announced second assembly plant planned in Georgia. But shares rebounded today, and it ironically […]
Shares of AutoZone (AZO) – Get AutoZone, Inc. Report jumped Tuesday after the car-parts retailer reported a fiscal-first quarter profit-and-sales beat. For the quarter ended Nov. 20 the Memphis company reported earnings of $25.69 per share on revenue of $3.67 billion. Analysts surveyed by FactSet were expecting earnings of $21.01 per share on revenue of […]
Rivian Automotive (NASDAQ:RIVN) stock has already had a wild ride, as it starts mass production of an electric pick-up truck. Source: Miro Vrlik Photography / Shutterstock.com Shares opened at $78 on Nov. 10. This brought Rivian $12 billion in cash, Their value then took off in the first week of […]
What happened Shares of automotive marketplace platform Cars.com (NYSE:CARS) are bucking the trend in the markets today. While the Dow Jones Industrial Average is dropping almost 1,000 points, or 2.75%, Cars.com stock is soaring. As of 11:39 a.m. ET, Cars.com shares were trading near highs of the day, up just […]
What happened For the fourth day in a row — the fourth day since its initial public offering — shares of electric car upstart and purported Tesla-killer Rivian Automotive (NASDAQ:RIVN) marched higher Tuesday. Through 10 a.m. EST, Rivian shares have already gained another 6.3% despite there being no new news today […]
What happened Shares of new initial public offering (IPO) electric car upstart, and purported Tesla-killer Rivian Automotive (NASDAQ:RIVN) tore up the track yesterday, racing out of the gate on IPO Day to score a 29% gain. Do you think a gain of that size might have caught a few investors’ […]
Sonic Automotive’s SAH shares have rallied 23.2% over the past three months, outperforming the industry’s growth of 13.4%. The auto sector and S&P 500 declined 0.9% and 1%, respectively, in the same time frame. One of the leading automotive retailers in the United States, Sonic sports a Zacks Rank #1 […]
STOCKHOLM/LONDON — Geely-owned Volvo Cars plans to raise 25 billion Swedish crowns ($2.9 billion) through an initial public offering (IPO), the Swedish carmaker said on Monday of what would be one of Europe’s biggest listings this year. Volvo said it will list on the Nasdaq Stockholm stock exchange this year […]
Are you in the market for a low-priced stock with multi-bagger potential? Consider electric vehicle (EV) systems up-and-comer REE Automotive (NASDAQ:REE). It’s a risky proposition, I’ll concede, as REE stock isn’t doing particularly well in 2021 — but it just might pay off. Source: Scharfsinn / Shutterstock.com To give you a […]