It's the post-merger company's first day of trading.
EV trucks will affect the stock performance of GM, Ford, Tesla and others, including startups.
The future of DiamondPeak stock will come down to whether the company can make the turnaround story at Lordstown complete.
After a SPAC merger, DiamondPeak stock holders and Lordstown Motors hope to bring a closed General Motors factory back to life.
There's too much uncertainty surrounding Lordstown Motors and the upcoming SPAC deal to justify taking a position in DiamondPeak stock.
It is not too late to wager on an up-and-coming electric truck manufacturer through a long position in DiamondPeak stock.
However, the science behind the underlying solid-state battery is hardly a platform of confidence for KCAC stock.
DiamondPeak stock changes to RIDE after it merges with Lordstown Motors. Is it a case of one electric vehicle maker too many?
A new wave of SPAC mergers will bring six more EV companies to market. None of them have any real revenue.
Investors in DiamondPeak Holdings Corp (DPHC) saw new options begin trading this week, for the December 18th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DPHC options chain for the new December 18th contracts and identified one put and one call contract of particular interest.
Nikola’s CEO signaled the company would nix plans to produce an electric- and fuel-cell-powered light-duty truck if General Motors walks away from its potential partnership. That could pressure Nikola stock further.
DiamondPeak stock is likely to be a value creator. Lordstown Motors will benefit from being an early mover in the commercial EV market.
Though the case on paper is exciting for DPHC stock, the underlying EV maker has many questions to answer.
DiamondPeak stock represents hot trends in SPACs and EVs that has markets interested. But there are better EV plays in the stock market.
Workhorse’s effort to secure a postal service contract shouldn’t impact DiamondPeak positively or negatively.