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Perhaps you’ve heard of SPACS, or special-purpose acquisition companies, as an alternative to IPOs. They are, in some respects, easier than IPOs but there are pitfalls for investors, too. Here’s what you need to know. ....
Three Reasons Why The Best Use For Electrification Has Been The Slowest forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
U.S. Prosecutors Charge Trevor Milton, Founder of Electric Carmaker Nikola, With Three Counts of Fraud nbcnewyork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcnewyork.com Daily Mail and Mail on Sunday newspapers.
Nikola Founder Trevor Milton Charged with Fraud autoweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autoweek.com Daily Mail and Mail on Sunday newspapers.
Sponsored Links JPMorgan provided an optimistic evaluation for electric vehicle startup Nikola on Monday, saying that it expected the upcoming 2021 calendar year to be “less drama-filled” for the company compared to the 2020 calendar year. Nikola stock value jumped 16 percent following the JP Morgan evaluation. However, the financial services company later downgraded its Nikola stock price target from $40 to $35. The downgrade still represents a potential upside of 155 percent from last Thursday’s closing price. In a note issued on Monday, JPMorgan said that it expects the 2021 calendar year will “turn generally positive” for Nikola, saying that the EV startup had “cleaned house” prior to the close of 2020, withdrawing from a pair of partnerships that “were hastily thrown together by the founder, and committed NKLA resources to non-strategic initiatives.” ....