Senin, 01 Agustus 2022

Nikola to Acquire Romeo Power in an All-Stock Deal

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"Romeo has been a valued supplier to Nikola, and we are excited to further leverage their technological capabilities as the landscape for vehicle electrification grows more sophisticated. With control over the essential battery pack technologies and manufacturing process, we believe we will be able to accelerate the development of our electrification platform and better serve our customers," said Mark Russell, Nikola's Chief Executive Officer.


Despite a 12.6% advance from a low of 3,666.77 on June 16, the S&P 500 could be facing an ugly stretch just after it had its best month since November 2020. Portfolio managers are debating whether stocks can maintain their recent gains with the Federal Reserve still on track to raise interest rates and the economy sending worrying recession signals.






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