new option listings on November 25th » 08:3011/2511/25/20
ABIO, AHCO, DMTK, DRIV, EDOC, EKSO, FAN, GP, KZIA, MSP, QLGN, ROOT, RVMD, TCON
New option listings for…
New option listings for November 25th include ARCA Biopharma (ABIO), AdaptHealth Corporation (Class A Stock) (AHCO), DermTech Inc (DMTK), Global X Autonomous and Electric Vehicles (DRIV), Direxion Daily Industrials Bull 3x Shares (DUSL), Global X E commerce ETF (EBIZ), Global X Telemedicine and Digital Health (EDOC), Ekso Bionics (EKSO), First Trust ISE Global Wind Energy Index Fund (FAN), Fidelity Low Volatility Factor ETF (FDLO), First Trust DJ Global Select Dividend Index Fund (FGD), GreenPower Motor Company Inc (GP), Direxion Daily South Korea Bull 3X Shares (KORU), Kazia Therapeutics Ltd (ADS) (KZIA), Datto Holding Corp (MSP), Qualigen Therapeutics Inc (QLGN), Root Inc (ROOT), Revolution Medicines Inc (RVMD), TRACON Pharmaceuticals (TCON), Direxion Daily Transportation Bull 3x Shares (TPOR), and WisdomTree Cloud Computing Fund (WCLD).
GreenPower Motor price target raised to $35 from $22 at Maxim » 08:0211/2511/25/20
Maxim analyst Tate…
Maxim analyst Tate Sullivan raised the firm's price target on GreenPower Motor to $35 from $22 and keeps a Buy rating on the shares. The analyst believes that the company's revenue growth is on track to accelerate on growing demand for EVs from a "wide range" of commercial customers. Sullivan adds that GreenPower already produces EVs and has repeat customers, while most other publicly traded companies in this space are "still developing products, opening factories, and/or finalizing supply chain agreements."
Blink Charging acquires EV charging operator U-Go Stations » 09:3411/2411/24/20
Blink Charging announced…
Blink Charging announced that it has acquired the EV charging operator U-Go Stations, Inc. and its portfolio of 44 DCFC charging locations. The purchase also includes multiple grants awarded to U-Go, for the deployment of up to an additional 45 new charging stations. The charging stations are located across ten states, expanding Blink's DCFC footprint. "As a key contributor to the expanding EV landscape, we are continuously looking for opportunities to strategically broaden our footprint across the United States, and our acquisition of U-Go supports this growth. In addition to their existing charging locations at attractive locations such as hotels, gas stations, and auto dealerships, U-Go has substantial grant awards for more DCFC deployments in Michigan, Pennsylvania, New Jersey, and Vermont. We look forward to installing and operating these new charging locations in early 2021," commented Brendan Jones, COO of Blink. Of the existing chargers, 31 are operated on the EVGo network and will be transitioned to the Blink Network within the next 30 days. 13 are not active and will be evaluated for future upgrades.
Fly Intel: Wall Street's top stories for Monday » 16:1211/2311/23/20
AZN, REGN, MRK, BLNK, RESI, ARES, K, HMI
The major averages began…
Fly Intel: Wall Street's top stories at midday » 12:1811/2311/23/20
AZN, REGN, MRK, BLNK, RESI, ARES, K, HMI
The major averages are…
Citron attacks Blink Charging, says shares heading back to $10 » 11:3411/2311/23/20
Andrew Left's Citron…
Andrew Left's Citron Research took to Twitter to attack Blink Charging, saying the stock should trade back to $10. The shares in morning trading are up 6% to $28.34. Citron said, "New most ridiculous EV stock is $BLNK. No $$ for R&D, management accused of securities fraud, no real revenues. Expect a massively diluted deal soon so management can continue to deceive public. This should trade right back to $10 where it is still overpriced. Total scheme...For all $BLNK investors who are naive, for same mkt cap of $BLNK you can buy ChargePoint $SBE with 73% market share, considering mkt penetration $BLNK should be at $1 per share. Consider $SBE spent $70mil on RD and $BLNK $0"
Citron calls Blink Charging 'most ridiculous' electric vehicle stock 11:3111/2311/23/20
Blink Charging should trade back to $10, Citron Research says 11:3011/2311/23/20
|Over a week ago|
Blink Charging call volume above normal and directionally bullish » 10:0511/2011/20/20
Bullish option flow…
Bullish option flow detected in Blink Charging with 31,775 calls trading, 9x expected, and implied vol increasing over 33 points to 187.28%. Nov-20 20 puts and Nov-20 22.5 calls are the most active options, with total volume in those strikes near 13,300 contracts. The Put/Call Ratio is 0.48. Earnings are expected on March 31st.
BTIG reiterates Buy rating on GreenPower Motor after investors meetings » 16:1511/1911/19/20
BTIG analyst Gregory…
BTIG analyst Gregory Lewis reiterates his Buy rating on GreenPower Motor after hosting investor meetings with management earlier this week. He likes the company's competitive position in the Class 4 truck market, which he sees being large enough to drive substantial growth both near and long-term for the company, Lewis tells investors.