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VW Soars Most Since Famous Short Squeeze on Plans to Beat Tesla VW Soars Most Since Famous Short Squeeze on Plans to Beat Tesla Christoph Rauwald Tue, March 16, 2021, 10:52 AM (Bloomberg) -- Volkswagen AG shares surged the most since a historic short squeeze a dozen years ago after back-to-back days of briefings on how it plans to supplant Tesla Inc. as the global electric vehicle leader. VW’s common stock soared as much as 29% on Tuesday after the company announced plans to standardize key technologies across its sprawling industrial empire and generate scale effects that both Tesla and established automakers are unlikely to match. On Monday, VW said it would build six battery factories in Europe alone. The stock move is reminiscent of a short squeeze that briefly made VW the world’s most valuable company in 2008. VW’s three dominant holders - the Porsche and Piech family, the German state of Lower Saxony and Qatar -- hold 90% of common stock. VW’s preference shares, which have a much larger free float and are more widely traded, rose as much as 9.3% in Frankfurt trading. VW aims to become the global EV leader by 2025 at the latest, though reaching its target of 1 million deliveries this year could put the company ahead of Tesla. Those big ambitions appear to be getting the attention of retail investors who have bid up U.S. stocks speculated about on Reddit and other social media forums early this year. “We will accelerate our transformation journey in 2021 and beyond,” Chief Executive Officer Herbert Diess told reporters. VW’s newly formed management board “is set to unleash value,” he said. Diess, 62, has been overhauling VW’s vast operations to free up funds for spending on the battery and software capabilities that made Tesla the world’s most valuable automaker last year. He was concerned until recently, telling Bloomberg News in January that the capital markets’ dim view on the company put it at a disadvantage. The outsize gain in VW’s common stock relative to preference shares is partly driven by U.S. retail investor buying and high short interest, Volkswagen AG (VWAGY) Other OTC - Other OTC Delayed Price. Currency in USD 33.13+3.37 (+11.32%) As of 2:33P
It is? Can I buy now in the after market it's 5:50 and cold as hell out!!! We need to be fully in by Thursady!!!!! Stocks To Cash In On Biggest Sports-Betting Event Licensing March Madness begins Thursday, and most of the $1 billion in bets expected to be made on the 60-game basketball tournament will come online. That said, DraftKings stock and gambling stocks fell on Tuesday. The popularity of the NCAA Tournament combined with such a high number of games typically makes March Madness the largest sports betting event, surpassing even the Super Bowl. "The 2021 NCAA Tournament will be the most widely bet-on sporting event in U.S. history," said Eric Ramsey, analyst for Play USA.com, in a statement. This year will be especially big forDraftKings(DKNG),MGM Resorts(MGM) andPenn National Gaming(PENN), among others. >>>>>>>>> Airports using this UV disinfectant machine >>>>>> Possible SPAC stock! I saw a unit in DC..... on TV... People also ask who owns Prescientx? Barry Hunt Barry Hunt is President & CEO ofPrescientx, the global leader in Engineered Infection Prevention.
VW surges... and your (burrow) MGM is down 2.5% on the day. Buy more ABB Stoney! That European grid buddy.... 10 gillion transformers.... and 10X that for the software to keep it all running. It keeps hitting all-time highs. The Swedes. They know how to run a biz that's 4 sure. Coupang and ABB..... proud members of VZ's... Gummy's 4 Grandma portfolio. Oh did anyone notice Smuckers on a big red day? Green stock on a red ticker. Usually a good sign. $SJM.... $123
Crowdstrike added 1,480 new subscription customers in Q4, up 82% y/y 16:19 CRWD Subscription customers that have adopted four or more modules, five or more modules and six or more modules increased to 63%, 47%, and 24%, respectively, as of January 31, 2021.
Olin price target raised to $46 from $35 at Stifel 15:10 OLN Stifel analyst Vincent Anderson raised the firm's price target on Olin to $46 from $35 and keeps a Buy rating on the shares after the company announced Q1 expected EBITDA well ahead of estimates, stating that the company is "starting off the year on a stronger note than most expected." He expects a combination of higher realized pricing versus spot, a "softer landing for EDC prices" and a "slower but steady recovery in caustic demand" to result in higher 2021 estimates, the analyst said.
Hey Stoney! Did you catch that interview with Palintir's CEO today? (I don't know why the 'elite' here hate on cnbc so much) (but whatever on that) Anyway he gave a great interview, talked about privacy and all that. But ya know the best thing he said.... (?) "Hey it's a big world out there, if you don't like our stock, don't buy it. There's plenty of good stocks." "Just check back in a few years though." My kind of ceo.