Colonnade Acquisition s Stock Price And Volume Action
Colonnade Acquisition (NYSE:CLA) is currently up 7.72% to a price of $10.76. The stock s volume is currently 470.08 thousand, which is roughly 32.84% of its recent 30-day volume average of 1.43 million.
Why It s Moving
Benzinga Pro s real-time breaking news service shows some insight into what is affecting shares: Colonnade Acquisition shares are trading higher after Craig-Hallum initiated coverage with a Buy rating and announced a price target of $25 per share.
Further Analysis of Recent Price Action
The moving average price of the stock over the past 50 days was $13.34 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $17.73 and as low as $9.54.
Ouster, Benchmark Electronics Accelerate Capacity Expansion to Meet Anticipated 2021 Demand iconnect007.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iconnect007.com Daily Mail and Mail on Sunday newspapers.
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Ouster, Inc., a leading provider of high-resolution digital lidar sensors for industrial automation, robotics, smart infrastructure, and automotive, today announced that it has been selected to provide four lidar sensors per vehicle on May Mobility’s next generation of autonomous shuttles.
Ouster OS1 sensors on a May Mobility autonomous shuttle (Photo: Business Wire)
Since its founding in 2017, May Mobility has rapidly become one of the most visible and successful leaders in shared-ride autonomous vehicles, providing more than 270,000 rides to date.
Over the past several years, May Mobility has built prototypes with a wide variety of lidar sensor options before deciding on Ouster’s sensors for both short range / wide field of view and mid-range lidar placements. The May Mobility team decided to use Ouster’s digital lidar sensors for their high performance, field-tested reliability, and scalable pri
May Mobility Selects Ouster s Lidar Sensors for Autonomous Shuttle Platform iconnect007.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iconnect007.com Daily Mail and Mail on Sunday newspapers.
SPAC Boom Propels Electric Carmakers to Public Markets
Bloomberg 1/22/2021 Ed Ludlow and Crystal Tse
(Bloomberg) Until June last year, Tesla Inc. was the only dedicated electric carmaker based in the U.S. on the stock market. Then special purpose acquisition companies took over Wall Street.
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SPACs, or blank-check companies, are shell vehicles that raise money to take a private company public via a reverse merger. Unlike traditional initial public offerings, SPAC deals allow listing candidates to market financial projections to investors, a perk for earlier stage companies that have yet to prove their business model.
Electric-vehicle companies, many of which are yet to launch commercial products, have taken advantage of that. Nikola Corp. was the first high profile one to go public via a SPAC listing, followed by others including Lordstown Motors Corp., Fisker Inc. and Canoo Inc.