lordstownmotors
Shares ofLordstown Motors (NASDAQ:RIDE) popped in the wake of the earnings release but the gains were soon given up. The company reiterated its guidance amid some other good news and put the market for the stock into a reversal. The news was negated, however, later in the day during the conference call when the company CEO revealed some unsettling details to investors. While the deal with Foxconn is progressing there is still no definitive agreement for funding and what the collaboration will actually mean. This news makes the transfer of assets to Foxconn (part of the company’s transitional e...
ValueWalk
Whitney Tilson’s email to investors discussing the Lordstown Motors Corp (NASDAQ:RIDE) debacle; Enrique Abeyta on opportunities in the SPAC sector; Virgin Galactic cratering this week. Q2 2021 hedge fund letters, conferences and more Behind The Lordstown Debacle1) This story in yesterday's New York Times underscores the perils of investing in the special purpose acquisition company ("SPAC") sector: Behind the Lordstown Debacle, the Hand of a Wall Street Dealmaker. Excerpt: Lordstown went public in October via a merger with Mr. Hamamoto's special purpose acquisition company, DiamondPeak Holding...
ValueWalk
What’s New In ActivismDriver Management called on Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) to hire a financial adviser to explore a sale of the regional bank, only five months after Activist Insight Vulnerability said the bank was susceptible to an activist looking to orchestrate a strategic review. Q2 2021 hedge fund letters, conferences and more According to a securities filing, the fund has a 6.3 stake in the Pennsylvania-based bank and has "spoken to and intend[s] to continue to speak with [Codorus Chairman and CEO Larry Miller] regarding strategies for increasing shareholder value." Dri...
ValueWalk
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら