Tag Archives: RIDE

Why So Many Electric-Vehicle Stocks Closed Lower on Thursday

What happened

Shares of several electric-vehicle companies closed lower on Thursday, after global auto giant Toyota (NYSE:TM) said that it will cut its September production by 40% due to parts shortages.

Here’s how these companies fared on Thursday, relative to their closing prices on Wednesday. 

Faraday Future Intelligent Electric (NASDAQ:FFIE) closed down 7.3%. Fisker (NYSE:FSR) closed down 7.2%. GreenPower Motors (NASDAQ:GP) closed down 8.5%. Lordstown Motors (NASDAQ:RIDE) closed down 9.5%. Lucid Group (NASDAQ:LCID) closed down 3.7%. Nikola (NASDAQ:NKLA) closed....More>>>

Why So Many Electric-Vehicle Stocks Closed Lower on Thursday

What happened

Shares of several electric-vehicle companies closed lower on Thursday, after global auto giant Toyota (NYSE:TM) said that it will cut its September production by 40% due to parts shortages.

Here’s how these companies fared on Thursday, relative to their closing prices on Wednesday. 

Faraday Future Intelligent Electric (NASDAQ:FFIE) closed down 7.3%. Fisker (NYSE:FSR) closed down 7.2%. GreenPower Motors (NASDAQ:GP) closed down 8.5%. Lordstown Motors (NASDAQ:RIDE) closed down 9.5%. Lucid Group (NASDAQ:LCID) closed down 3.7%. Nikola (NASDAQ:NKLA) closed....More>>>

Top 10 Warren Buffett Stocks To Own Right Now

(0:45) – Should You Be Following Warren Buffett’s Trades?(4:30) – Breaking Down Berkshire Hathaway’s Current Portfolio Positions(20:10) – Episode Roundup: RH, CVX, PXD, FANG, GM, KR, OGNPodcast@Zacks.com

Welcome to Episode #250 of the Value Investor Podcast.

Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.

This week, she takes a closer look at Berkshire Hathaway’s second quarter stock moves.

Berkshire Hathaway sold shares in a bunch of positions....More>>>

Why So Many Electric-Vehicle Stocks Closed Lower on Thursday

What happened

Shares of several electric-vehicle companies closed lower on Thursday, after global auto giant Toyota (NYSE:TM) said that it will cut its September production by 40% due to parts shortages.

Here’s how these companies fared on Thursday, relative to their closing prices on Wednesday. 

Faraday Future Intelligent Electric (NASDAQ:FFIE) closed down 7.3%. Fisker (NYSE:FSR) closed down 7.2%. GreenPower Motors (NASDAQ:GP) closed down 8.5%. Lordstown Motors (NASDAQ:RIDE) closed down 9.5%. Lucid Group (NASDAQ:LCID) closed down 3.7%. Nikola (NASDAQ:NKLA) closed....More>>>

Top 10 Stocks To Invest In Right Now

When the Federal Reserve finally starts reducing bond purchases, U.S. stocks will still be able to maintain the momentum that has propelled them this year.

At least that’s the view at Barclays, which lifted its year-end S&P 500 price target to 4,600 from 4,400. On Friday, the S&P 500 SPX, -0.34% closed at 4,535.43, a gain of 21% in 2021.

Strategists led by Maneesh Deshpande said the historical precedent to look at is not the so-called taper tantrum, when interest rates spiked when then-Fed Chairman Ben Bernanke first discussed the possibility....More>>>