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maggg
maggg
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2021-11-11
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maggg
maggg
·
2021-11-09
[强]
Why markets are like a duck: ‘calm above the surface, but furious churning below’
Mario Draghi famously likened the euro to a bumblebee; Morgan Stanley analysts say global financial
Why markets are like a duck: ‘calm above the surface, but furious churning below’
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maggg
maggg
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2021-10-15
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maggg
maggg
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2021-10-14
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maggg
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2021-10-14
$Futu Holdings Limited(FUTU)$
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maggg
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2021-10-07
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maggg
maggg
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2021-10-07
😊
Why EV Stocks Nio, Workhorse, and Hyzon Were Down Wednesday
Some company-specific headwinds are adding to a general market downturn in these electric vehicle na
Why EV Stocks Nio, Workhorse, and Hyzon Were Down Wednesday
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maggg
maggg
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2021-09-22
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maggg
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2021-09-17
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maggg
maggg
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2021-09-13
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","text":"[强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/844479882","repostId":"1164632864","repostType":4,"repost":{"id":"1164632864","kind":"news","pubTimestamp":1636452133,"share":"https://www.laohunote.com/m/news/1164632864?lang=&edition=full","pubTime":"2021-11-09 18:02","market":"us","language":"en","title":"Why markets are like a duck: ‘calm above the surface, but furious churning below’","url":"https://stock-news.laohu8.com/highlight/detail?id=1164632864","media":"Marketwatch","summary":"Mario Draghi famously likened the euro to a bumblebee; Morgan Stanley analysts say global financial ","content":"<p>Mario Draghi famously likened the euro to a bumblebee; Morgan Stanley analysts say global financial markets remind them of a duck floating on a pond: “calm above the surface, but furious churning below.”</p>\n<p>The calm is reflected in a continued drop in realized, or actual, stock-market volatility as global equities soar to all-time highs. The analysts, led by Andrew Sheets, observed in a Friday note that realized, one-month equity volatility across the U.S., Europe and emerging markets has fallen to the 25th percentile of the last 15 years.</p>\n<p>But below the surface, “volatility has jumped” for other assets, they wrote, unveiling a new cross-asset gauge, dubbed the Composite Sigma Indicator, which stands at its highest reading in five years with the exception of the COVID-induced turmoil of the second quarter of 2020 (see chart below). That reflects a rising number of extreme one-day moves, defined as a standard deviation of larger than 1.5.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a225428109bc24bddb8dbd14801b7065\" tg-width=\"700\" tg-height=\"408\" referrerpolicy=\"no-referrer\"><span>MORGAN STANLEY RESEARCH</span></p>\n<p>Anyone who has paid attention to the U.S. and global government bond markets in recent weeks probably won’t be surprised to learn that rates markets are at the heart of those moves. Indeed, the Composite Sigma Indicator has been driven by extreme moves in yield curves; inflation breakevens, which measure the difference between inflation-protected and nominal debt of the same maturity; and 2-year rates, the analysts said.</p>\n<p>Short-term government bond yields, including those on 2-year U.S. Treasury notes, began a sharp rise in September as investors began to pencil in a more aggressive stance by global central banks in response to inflation that has proven more persistent than expected. The gap between short- and long-dated yields narrowed significantly, a yield-curve phenomenon known as flattening.</p>\n<p>The speed of the move has been interpreted by some investors as the potential harbinger of a “policy mistake,”in which central banks spark an economic downturn by tightening too aggressively. The moves also wrong-footed investors, leaving some high-profile hedge funds with large October losses,according to The Wall Street Journal.</p>\n<p>Two-year rates in Poland, meanwhile, have risen by 85 basis points, or 0.85 percentage point, a 12.2 sigma deviation on the distribution of weekly moves for the rate, the analysts noted. The U.K. saw “extreme dislocations” as short-term rates rose and long-term rates fell, while in commodities markets, iron-ore prices are down 20%.</p>\n<p>“Rates are the sole driver of this move, while other assets are unusually calm. Risk management in global rates feels very different from equities or FX heading into year-end,” the analysts wrote.</p>\n<p>Stocks stumbled in September, but major indexes roared back in October and continue to press to all-time highs this month. The S&P 500 was up 26.9% year to date through Friday, while the Dow Jones Industrial Average has rallied 21.2% and the Nasdaq Composite advanced 23.9%.</p>\n<p>So what does it all mean? “It suggests that the liquidity environment is already shifting, even if not readily apparent in the S&P 500,” they said.</p>\n<p>It also means that risk premium matters (see chart below).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1fa8a9c15b74f8c569f39f375770bdc7\" tg-width=\"700\" tg-height=\"383\" referrerpolicy=\"no-referrer\"><span>MORGAN STANLEY RESEARCH</span></p>\n<p>“Many of the markets with the largest recent moves were those priced for the calmest environments. As idiosyncratic risk rises, and risk management becomes more challenging, we see opportunities in high versus low risk premium markets,” they wrote.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why markets are like a duck: ‘calm above the surface, but furious churning below’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy markets are like a duck: ‘calm above the surface, but furious churning below’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-09 18:02 GMT+8 <a href=https://www.marketwatch.com/story/why-markets-are-like-a-duck-calm-above-the-surface-but-furious-churning-below-11636395875?siteid=yhoof2><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mario Draghi famously likened the euro to a bumblebee; Morgan Stanley analysts say global financial markets remind them of a duck floating on a pond: “calm above the surface, but furious churning ...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-markets-are-like-a-duck-calm-above-the-surface-but-furious-churning-below-11636395875?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/why-markets-are-like-a-duck-calm-above-the-surface-but-furious-churning-below-11636395875?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1164632864","content_text":"Mario Draghi famously likened the euro to a bumblebee; Morgan Stanley analysts say global financial markets remind them of a duck floating on a pond: “calm above the surface, but furious churning below.”\nThe calm is reflected in a continued drop in realized, or actual, stock-market volatility as global equities soar to all-time highs. The analysts, led by Andrew Sheets, observed in a Friday note that realized, one-month equity volatility across the U.S., Europe and emerging markets has fallen to the 25th percentile of the last 15 years.\nBut below the surface, “volatility has jumped” for other assets, they wrote, unveiling a new cross-asset gauge, dubbed the Composite Sigma Indicator, which stands at its highest reading in five years with the exception of the COVID-induced turmoil of the second quarter of 2020 (see chart below). That reflects a rising number of extreme one-day moves, defined as a standard deviation of larger than 1.5.\nMORGAN STANLEY RESEARCH\nAnyone who has paid attention to the U.S. and global government bond markets in recent weeks probably won’t be surprised to learn that rates markets are at the heart of those moves. Indeed, the Composite Sigma Indicator has been driven by extreme moves in yield curves; inflation breakevens, which measure the difference between inflation-protected and nominal debt of the same maturity; and 2-year rates, the analysts said.\nShort-term government bond yields, including those on 2-year U.S. Treasury notes, began a sharp rise in September as investors began to pencil in a more aggressive stance by global central banks in response to inflation that has proven more persistent than expected. The gap between short- and long-dated yields narrowed significantly, a yield-curve phenomenon known as flattening.\nThe speed of the move has been interpreted by some investors as the potential harbinger of a “policy mistake,”in which central banks spark an economic downturn by tightening too aggressively. The moves also wrong-footed investors, leaving some high-profile hedge funds with large October losses,according to The Wall Street Journal.\nTwo-year rates in Poland, meanwhile, have risen by 85 basis points, or 0.85 percentage point, a 12.2 sigma deviation on the distribution of weekly moves for the rate, the analysts noted. The U.K. saw “extreme dislocations” as short-term rates rose and long-term rates fell, while in commodities markets, iron-ore prices are down 20%.\n“Rates are the sole driver of this move, while other assets are unusually calm. Risk management in global rates feels very different from equities or FX heading into year-end,” the analysts wrote.\nStocks stumbled in September, but major indexes roared back in October and continue to press to all-time highs this month. The S&P 500 was up 26.9% year to date through Friday, while the Dow Jones Industrial Average has rallied 21.2% and the Nasdaq Composite advanced 23.9%.\nSo what does it all mean? “It suggests that the liquidity environment is already shifting, even if not readily apparent in the S&P 500,” they said.\nIt also means that risk premium matters (see chart below).\nMORGAN STANLEY RESEARCH\n“Many of the markets with the largest recent moves were those priced for the calmest environments. As idiosyncratic risk rises, and risk management becomes more challenging, we see opportunities in high versus low risk premium markets,” they wrote.","news_type":1},"isVote":1,"tweetType":1,"viewCount":576,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":824877837,"gmtCreate":1634305924796,"gmtModify":1634306365573,"author":{"id":"3582022881437810","authorId":"3582022881437810","name":"maggg","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582022881437810","authorIdStr":"3582022881437810"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>[看涨] [看涨] ","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>[看涨] [看涨] ","text":"$Tiger Brokers(TIGR)$[看涨] 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","text":"$Baidu(BIDU)$[看涨]","images":[{"img":"https://static.tigerbbs.com/07cabe25067c6384221bdb32bc9e5be3","width":"1080","height":"3355"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/825356372","isVote":1,"tweetType":1,"viewCount":651,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":825353398,"gmtCreate":1634204129668,"gmtModify":1634204129734,"author":{"id":"3582022881437810","authorId":"3582022881437810","name":"maggg","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582022881437810","authorIdStr":"3582022881437810"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FUTU\">$Futu Holdings Limited(FUTU)$</a>go","listText":"<a href=\"https://laohu8.com/S/FUTU\">$Futu Holdings Limited(FUTU)$</a>go","text":"$Futu Holdings Limited(FUTU)$go","images":[{"img":"https://static.tigerbbs.com/cef2210e388487a138f81576a54e5d10","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/825353398","isVote":1,"tweetType":1,"viewCount":575,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":823117629,"gmtCreate":1633598613756,"gmtModify":1633598613833,"author":{"id":"3582022881437810","authorId":"3582022881437810","name":"maggg","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582022881437810","authorIdStr":"3582022881437810"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>please up","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>please up","text":"$Tiger Brokers(TIGR)$please up","images":[{"img":"https://static.tigerbbs.com/3d01861a93fbb6ff32cd75e677abcb4d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823117629","isVote":1,"tweetType":1,"viewCount":502,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":823117873,"gmtCreate":1633598527834,"gmtModify":1633598527947,"author":{"id":"3582022881437810","authorId":"3582022881437810","name":"maggg","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582022881437810","authorIdStr":"3582022881437810"},"themes":[],"htmlText":"😊","listText":"😊","text":"😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/823117873","repostId":"1149182986","repostType":4,"repost":{"id":"1149182986","kind":"news","pubTimestamp":1633597603,"share":"https://www.laohunote.com/m/news/1149182986?lang=&edition=full","pubTime":"2021-10-07 17:06","market":"us","language":"en","title":"Why EV Stocks Nio, Workhorse, and Hyzon Were Down Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1149182986","media":"Motley Fool","summary":"Some company-specific headwinds are adding to a general market downturn in these electric vehicle na","content":"<blockquote>\n <b>Some company-specific headwinds are adding to a general market downturn in these electric vehicle names.</b>\n</blockquote>\n<p><b>Key <a href=\"https://laohu8.com/S/PCOM\">Points</a></b></p>\n<ul>\n <li>Nio recently surpassed third-quarter delivery guidance even during a challenging supply environment.</li>\n <li><a href=\"https://laohu8.com/S/WKHS\">Workhorse</a> and Hyzon are battling several issues ranging from a recall to questions about the validity of customers, respectively.</li>\n</ul>\n<p><b>What happened</b></p>\n<p>With the general markets approaching correction territory, stocks in the more aggressive electric vehicle (EV) sector are facing stronger headwinds than many others. That continued today, with shares of Chinese EV maker <b><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a></b>, start-up <a href=\"https://laohu8.com/S/WKHS\"><b>Workhorse</a></b>, and hydrogen fuel cell EV company <b><a href=\"https://laohu8.com/S/HYZN\">Hyzon Motors Inc.</a></b> all declining. At the lows of the day, the stocks of the three companies were down 2.1%, 10%, and 11.4%, respectively. By market close, they had rebounded some, with Nio finishing 0.62% down, Workhorse lower by 9.3%, and Hyzon almost 8% lower.</p>\n<p><b>So what</b></p>\n<p>Of the three, Nio has actually had some good news recently, with stronger-than-expected third-quarter vehicle deliveries and news of progress in its expansion into Europe. But Workhorse and Hyzon both have been hit with negative news, with the market reacting accordingly.</p>\n<p>For its part, Workhorse reported a flurry of executive changes last week as the company seeks to recover from apreviously announced truck recalland temporary suspension of ongoing production. Additionally, the company today reported a securities exchange agreement that will result in shares being given to two existing convertible notes holders at a price between $6 and $8.50 per share. That compares to the more than $9 share price where the stock was trading just <a href=\"https://laohu8.com/S/AONE.U\">one</a> month ago.</p>\n<p>Hyzon has a different sort of challenge. On Tuesday, the company responded to a short-seller report that was issued on Sept. 28. Blue Orca Capital, whichholds a short position in the stock, questioned the validity of Hyzon's customers and accused it of seeking to \"enrich insiders by repackaging an old technology in a fig leaf of misleading deal announcements and illusory customer contracts.\"</p>\n<p>In its response, Hyzon called the report inaccurate and misleading, pointing out that Blue Orca stands to gain financially if it helps drive the stock lower. In responding to the accusation that the company overstated its relationships with certain customers, Hyzon said, \"Like any innovative company in a nascent industry, Hyzon continues to pursue a wide range of potential opportunities, any one of which may or may not ultimately result in a commitment to purchase vehicles from Hyzon.\" It rejected all implications that its business is anything other than what it has portrayed publicly, and said it will defend the company against such accusations.</p>\n<p><b>Now what</b></p>\n<p>It's not surprising that the stocks of even more established EV businesses like Nio are volatile. That company is growing, but it has yet to reach profitability, and investors have valued it aggressively, with about a $55 billionmarket capat its recent share price. Workhorse has to work through its production issues, and Hyzon is still pre-revenue. Until they show evidence of a steady and growing business, investing in these stocks amounts to nothing but speculation. Some investors who perform their own due diligence still might want some of that in a portion of their portfolio, however.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why EV Stocks Nio, Workhorse, and Hyzon Were Down Wednesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy EV Stocks Nio, Workhorse, and Hyzon Were Down Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-07 17:06 GMT+8 <a href=https://www.fool.com/investing/2021/10/06/why-ev-stocks-nio-workhorse-and-hyzon-are-down/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Some company-specific headwinds are adding to a general market downturn in these electric vehicle names.\n\nKey Points\n\nNio recently surpassed third-quarter delivery guidance even during a challenging ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/10/06/why-ev-stocks-nio-workhorse-and-hyzon-are-down/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WKHS":"Workhorse Group, Inc.","HYZN":"Hyzon Motors Inc.","NIO":"蔚来"},"source_url":"https://www.fool.com/investing/2021/10/06/why-ev-stocks-nio-workhorse-and-hyzon-are-down/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149182986","content_text":"Some company-specific headwinds are adding to a general market downturn in these electric vehicle names.\n\nKey Points\n\nNio recently surpassed third-quarter delivery guidance even during a challenging supply environment.\nWorkhorse and Hyzon are battling several issues ranging from a recall to questions about the validity of customers, respectively.\n\nWhat happened\nWith the general markets approaching correction territory, stocks in the more aggressive electric vehicle (EV) sector are facing stronger headwinds than many others. That continued today, with shares of Chinese EV maker NIO Inc., start-up Workhorse, and hydrogen fuel cell EV company Hyzon Motors Inc. all declining. At the lows of the day, the stocks of the three companies were down 2.1%, 10%, and 11.4%, respectively. By market close, they had rebounded some, with Nio finishing 0.62% down, Workhorse lower by 9.3%, and Hyzon almost 8% lower.\nSo what\nOf the three, Nio has actually had some good news recently, with stronger-than-expected third-quarter vehicle deliveries and news of progress in its expansion into Europe. But Workhorse and Hyzon both have been hit with negative news, with the market reacting accordingly.\nFor its part, Workhorse reported a flurry of executive changes last week as the company seeks to recover from apreviously announced truck recalland temporary suspension of ongoing production. Additionally, the company today reported a securities exchange agreement that will result in shares being given to two existing convertible notes holders at a price between $6 and $8.50 per share. That compares to the more than $9 share price where the stock was trading just one month ago.\nHyzon has a different sort of challenge. On Tuesday, the company responded to a short-seller report that was issued on Sept. 28. Blue Orca Capital, whichholds a short position in the stock, questioned the validity of Hyzon's customers and accused it of seeking to \"enrich insiders by repackaging an old technology in a fig leaf of misleading deal announcements and illusory customer contracts.\"\nIn its response, Hyzon called the report inaccurate and misleading, pointing out that Blue Orca stands to gain financially if it helps drive the stock lower. In responding to the accusation that the company overstated its relationships with certain customers, Hyzon said, \"Like any innovative company in a nascent industry, Hyzon continues to pursue a wide range of potential opportunities, any one of which may or may not ultimately result in a commitment to purchase vehicles from Hyzon.\" It rejected all implications that its business is anything other than what it has portrayed publicly, and said it will defend the company against such accusations.\nNow what\nIt's not surprising that the stocks of even more established EV businesses like Nio are volatile. That company is growing, but it has yet to reach profitability, and investors have valued it aggressively, with about a $55 billionmarket capat its recent share price. Workhorse has to work through its production issues, and Hyzon is still pre-revenue. Until they show evidence of a steady and growing business, investing in these stocks amounts to nothing but speculation. Some investors who perform their own due diligence still might want some of that in a portion of their portfolio, however.","news_type":1},"isVote":1,"tweetType":1,"viewCount":570,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":869470571,"gmtCreate":1632319382393,"gmtModify":1632801271379,"author":{"id":"3582022881437810","authorId":"3582022881437810","name":"maggg","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582022881437810","authorIdStr":"3582022881437810"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PATH\">$UiPath(PATH)$</a>😭😭","listText":"<a href=\"https://laohu8.com/S/PATH\">$UiPath(PATH)$</a>😭😭","text":"$UiPath(PATH)$😭😭","images":[{"img":"https://static.tigerbbs.com/fb14cdd473f8ba27976dfca4890da2b7","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/869470571","isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":884619646,"gmtCreate":1631886469985,"gmtModify":1631886473599,"author":{"id":"3582022881437810","authorId":"3582022881437810","name":"maggg","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582022881437810","authorIdStr":"3582022881437810"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>😭😭","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>😭😭","text":"$Tiger Brokers(TIGR)$😭😭","images":[{"img":"https://static.tigerbbs.com/32d855e44255959230b0ede4c80e7e89","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/884619646","isVote":1,"tweetType":1,"viewCount":292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":886025769,"gmtCreate":1631540381251,"gmtModify":1631884175748,"author":{"id":"3582022881437810","authorId":"3582022881437810","name":"maggg","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582022881437810","authorIdStr":"3582022881437810"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>gogogo","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>gogogo","text":"$AMC Entertainment(AMC)$gogogo","images":[{"img":"https://static.tigerbbs.com/7c38a8d76bbce6eac462858bc552a9b8","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886025769","isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}