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Nikola Stocks Soars as Lower Inflation Lifts All SPAC Boats

Por: MarketWatch Business June 13, 2023

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Shares of EV start-ups (FSR) and are up 4.5% and 4.1%, respectively. Battery technology company (QS) shares are about 15%. It isn’t all EV stocks. (RKLB) stock has gained almost 13%. Shares of lidar maker (LAZR) are up about 7%. All those companies became publicly traded stock by merging with special purpose acquisition companies, or SPACs. None of them generate free cash flow yet and need external financing to grow their businesses. It... + full article



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