Wednesday, June 8, 2022

Moderna's Covid-19 Vaccine Produces Stronger Immune Response Than Current Vaccine -- June 8, 2022

Link to WSJ.

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How Did EVs Do Today?

Link to SeekingAlpha

EV maker Phoenix Motor stock tumbles 39% following $16 million IPO.

EV maker Phoenix Motor (PEV) stock tumbled 39% following its downsized $15.8M initial public offering on Wednesday.

Shares of PEV, which is a spinout of SPI Energy (SPI), opened at $6.50 per share after being priced at $7.50. The stock recently changed hands at $4.60, down 39%.

PEV is a maker of EV drive trains, chargers and light-to-medium duty EVs. It operates two brands: Phoenix Motorcars for medium duty EVs, EV forklifts and chargers, and EdisonFuture, which is focused on developing lighter duty EVs.

Others:

  • GM: down 1.8% today;
  • F: down 1.5% today;
  • TSLA: up 1.3% today;
  • RIDE: up 3% today; trading at $1.90;
  • NKLA: up 9% today; trading at $7.02;
  • ELMS: down 2.3% today; trading at 58 cents;
  • GOEV: up almost 6% today; trading at $3.39

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