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Troy-based Electric Last Mile Solutions on Monday became the latest electric-vehicle startup to go public via a tie-up with a special-purpose acquisition company.
The company which is slated to launch a commercial electric van aimed at the growing market for last-mile deliveries began trading on the Nasdaq Monday morning under the ticker symbol ELMS. Its Urban Delivery van, with a starting price of about $25,000 with a federal rebate, is slated to be the first commercial electric van of its size to launch in the U.S., potentially giving ELMS a leg up on would-be competitors.
ELMS opened at $11.10 per share and closed up nearly 13.5%.
6月25日美股成交額最大20隻股票 松下清倉特斯拉投資收益120倍
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熱門中概股周五收盤多數走高 每日優鮮IPO首日大跌逾25%
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Shares of lead acid battery recycler
Aqua Metals (NASDAQ:AQMS) popped nearly 15% in early trading on the Nasdaq Monday before subsiding to about a 5.3% gain by 1:30 p.m. Even with this smaller gain, however, Aqua Metals stock is up more than 17% over its past two trading days.
And
Image source: Getty Images.
So what
In the middle of the trading day Friday, you see, Aqua Metals announced that it has received notification from Nasdaq regulation staff that it is once again in full compliance with Nasdaq s rules for keeping its listing on the stock exchange.
For some time, this had been in doubt because Aqua Metals stock had traded below $1 in share price for the better part of 2020 even before the coronavirus pandemic threw the economy into a recession. On Jan. 23, 2020, the company received a notice from Nasdaq informing it that, unless it achieved a $1-plus stock price and retained it for a minimum of 10 consecutive business days, its shares might be delisted.
Shares of hydrogen fuel cell manufacturer and hydrogen gas producer
Plug Power (NASDAQ:PLUG) slipped in early trading on the Nasdaq Monday, falling 7.3% through 11:11 a.m. EST. But is this mere volatility, or is there some actual news behind today s declining share price?
Let s find out.
So what
The most obvious news item today doesn t seem sufficient to explain investors continued nervousness about Plug. This morning, the company announced that it has appointed
Avangrid vice president Kimberly Harriman to sit on Plug Power s board of directors. An energy industry veteran with decades of experience in state government relations and public affairs working with and for utility companies across 22 states, Harriman seems a logical choice to sit on the board of a company like Plug.