Gainers
Embark Technology, Inc. (NASDAQ: EMBK) jumped 84.8% to close at $1.07 on Friday after the company reported better-than-expected Q2 EPS results.
Lordstown Motors (NASDAQ:RIDE) reported its Q2 earnings results on Thursday, August 4, 2022.
Here's what investors need to know about the announcement.
As of the close of business on Thursday, 7/21, we captured the Top 10 Highest Short Interest % stocks within the Consumer Cyclical Sector.
The average short interest for stocks within the Consumer Cyclical sector stands at 4.96%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.
Electric vehicle stocks meandered to a mixed close in the week ending July 15 following a uniformly strong close in the previous week. Inflation worries roiled the broader market in the past week as the metric climbed to a fresh 40-year high in June. This in turn reignited worries regarding a string of aggressive rate hikes.
Lordstown Motors Corp (NASDAQ:RIDE) revealed several changes to its senior leadership team. The company has appointed Edward T. Hightower, currently its…
The return of risk appetite to the market helped electric vehicle stocks rebound in the week ending June 24. Most stocks, barring some second-rung EV manufacturers, posted strong gains. The gains were led by the Chinese trio as they extended their rally amid an inflection in sentiment toward Chinese stocks in general.