EV Week In Review: Musk Tapers Stake Sale, Apple Car Chatter Resurfaces, XPeng Unveils New SUV, Rivian, Lucid Caught Up In Irrational Exuberance And More
EV stocks turned in mixed performances for the week ending Nov. 19. EV makers swayed to stock-specific news, while charging stocks pulled back amid profit taking following a strong week of gains.
Here are the key events that happened in the EV space during the week:
Cupertino Focuses On Fully Autonomous Vehicle With Apple Car Project: Report
The on-off Apple, Inc. (NASDAQ: AAPL) Car talks have resurfaced yet again, and this time around, more concrete details concerning Cupertino's self-driving car project have emerged.
12 Consumer Discretionary Stocks Moving In Wednesday’s After-Market Session
Gainers
Victoria's Secret (NYSE:VSCO) shares rose 11.63% to $56.3 during Wednesday's after-market session. The market value of their outstanding shares is at $4.9 billion. The company's, Q3 earnings came out today.
Canoo Gains Ground And Recently Breaks Out Of Wedge Pattern
Canoo Inc (NASDAQ: GOEV) shares are trading higher Wednesday, likely in continuation after the electric vehicle company announced it will begin to accelerate its advanced manufacturing production in the U.S. before the fourth quarter.
42 Stocks Moving In Wednesday’s Mid-Day Session
Gainers
Sono Group N.V. (NASDAQ: SEV) shares jumped 66% to $24.90 after the company priced its IPO at $15 per share.
80 Biggest Movers From Yesterday
Gainers
BIMI International Medical Inc. (NASDAQ: BIMI) shares surged 55% to close at $1.00 on Tuesday as the company reported a narrower Q3 loss.
Top 10 WallStreetBets Stocks Since Market Open For Nov. 16, 2021
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GOEV