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Technology Stocks : The Electric Car, or MPG "what me worry?"

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From: Glenn Petersen7/10/2020 8:42:12 AM
3 Recommendations

Recommended By
kidl
rogermci®
Sr K

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Fisker is looking to go public via a merger with a cash laden SPAC, presumably trying to emulate the recent success of Nikola.

reuters.com

Apparently, there is a bidding war with SPAQ in the lead. I am hesitant to recommend SPAQ, as this is not a done deal. The stock is trading around $17.00 this morning, about 70% above its liquidation value.

Anyone owning an EV company is probably thinking about taking it public.

h/t rogermci

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