SPACs stands for Special Purpose Acquisition Companies. A SPAC is a company without commercial operations and is formed strictly to raise capital through an initial public offering (IPO) for the purpose of acquiring or merging with an existing company. The SPACs concept includes US companies that went listed in the form of SPACs.
What's Going On With EV-Maker Nikola's Stock?
Nikola Corporation (NASDAQ:NKLA) shares are trading lower Tuesday amid broad market weakness. Steven Shindler, Chairman of the Board at Nikola, recorded a video addressing one of the five proposals to
US Home Prices Rocket In February For Strongest One-Month Increase In 2 Years: Real Estate Stocks React
U.S. residential home prices accelerated in February.Prices defied the gravitational pull of high mortgage costs and surpassed analysts' expectations as reduced supply and robust economic momentum con
Nikola Chairman Addresses Stockholder Questions On Reverse Split Proposal In Definitive Proxy Statement
Continued focus on regaining Nasdaq compliance and resetting operational and financial foundations to achieve the next level of financial stability while advancing business initiativesPHOENIX, April 3
NIKOLA CHAIRMAN ADDRESSES STOCKHOLDER QUESTIONS ON REVERSE SPLIT PROPOSAL IN DEFINITIVE PROXY STATEMENT
In a recent social media post, Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and...
Virgin Galactic (SPCE) Stock Sinks As Market Gains: What You Should Know
In the latest market close, Virgin Galactic (SPCE) reached $0.88, with a -0.41% movement compared to the previous day.
Why Investors Had a Meltdown Over Virgin Galactic's Reverse Split News
On Friday, April 19, Virgin Galactic (SPCE -0.41%) told investors that it was planning to conduct a reverse split of its stock, potentially reducing every 20 shares of space stock they owned (or 15, 10, 5, or just 2) to just one single, solitary share.