Tuesday's top analyst upgrades and downgrades included BioNTech, Charles Schwab, FedEx, First Solar, Micron Technologies, Nio, Occidental Petroleum, Salesforce.com, Square and Zoom Video Communications.
Short interest in electric carmakers mostly increased in the two-week reporting period ended November 13. Soaring share prices brought out the short sellers.
Thursday's top analyst upgrades and downgrades included Boeing, Citigroup, Cree, FuelCell Energy, Lowe's Companies, NextEra Energy, Nio, Nvidia, Shopify, Sonos, Square, Target, Uber and Yelp.
Short interest was mixed on electric vehicle makers in the two-week reporting period ended October 30. Short sellers also decreased their positions in two traditional carmakers.
Chinese carmaker Kandi has dropped about 30% of its value in the last day and a half. A private placement of $60 million in common stock gets most of the blame.
A Citigroup analyst on Wednesday raised his price target on one Chinese EV maker's stock and started coverage on two others. Short version: he likes what he sees.
China's three top EV makers reported October deliveries Monday morning and all posted big year-over-year gains.
Short interest in electric vehicle makers was evenly mixed in the two-week reporting period that ended October 15. But a couple of truck makers got some bad news Monday.
When investors think of electric vehicles and the huge stock gains seen in 2020, they probably think of Elon Musk and Tesla. They should have been focused on Nio.
Wednesday's top analyst upgrades and downgrades included Apple, BioNTech, Intel, Microsoft, Nio, Oracle, Peloton Interactive, Salesforce.com and Williams-Sonoma.
Short interest increased on seven of eight carmakers in the two-week reporting period that ended September 30.
Short sellers continue to place bets that electric vehicle makers' shares will fall while pulling out of traditional automakers' stocks.
Short sellers loaded up on shares of a China-based electric vehicle maker, and a stock split lifted short interest in the world's top maker of EVs.
Shanghai-based priced an upsized secondary offering of 88.5 million shares at $17, about 8% below last Friday's closing price. But that's only a small bit of the news from electric vehicle makers…
Two subsidiaries of Japanese conglomerate Hitachi have signed strategic agreements with electric van maker Workhorse Group. One of the agreements offers financial support for Workhorse's dealers and customers.
