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Puh
Puh
·
2021-12-28
Here we go...
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Puh
Puh
·
2021-12-27
😃
AMC Stock: What Comparing 2021's Top Films to 2019's Tells Investors
Superheroes and franchises led the way both years, but the numbers are very different. "Spider-Man:
AMC Stock: What Comparing 2021's Top Films to 2019's Tells Investors
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Puh
Puh
·
2021-11-24
[得意]
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Puh
Puh
·
2021-11-18
[得意]
Sono Motors spikes 52% on its first day of trading
Sono Motors spikes 52% on its first day of trading. Sono Group N.V. announces the pricing of its in
Sono Motors spikes 52% on its first day of trading
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Puh
Puh
·
2021-11-11
To the moon🚀🚀🚀
Opendoor Reports Revenue of $2.3 billion, up 91% versus 2Q21
Opendoor Technologies Inc , a leading digital platform for residential real estate, today reported f
Opendoor Reports Revenue of $2.3 billion, up 91% versus 2Q21
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Puh
Puh
·
2021-11-05
Buy the dip!!
Electric-Van Maker Workhorse Is Being Investigated by the Justice Department, Documents Show
Electric-van maker Workhorse stock Dived 9% in morning trading after the report that it was being in
Electric-Van Maker Workhorse Is Being Investigated by the Justice Department, Documents Show
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Puh
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2021-11-05
Nice
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Puh
·
2021-10-30
$Tesla Motors(TSLA)$
going to the moon🚀🚀🚀
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Puh
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2021-10-20
$BlackRock(BLK)$
To the mood
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The movie became the biggest hit of 2021 bringing in over $400 million in domestic box office through Christmas Day.</p>\n<p>That was good news for the movie theater business, but it's more an anomaly than a sign that the box office has returned to its pre-pandemic glory days. The top-ten films at the domestic box office earned more than twice as much money in 2019 ($4.3 billion) compared to the top ten did in 2021 ($1.8 billion).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2e30747fdda1f99ebd67ee43832e83a5\" tg-width=\"932\" tg-height=\"482\" width=\"100%\" height=\"auto\"><span>Data Source: Box Office Mojo.</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e5e67f1eef11f78f62415ab901e68048\" tg-width=\"1016\" tg-height=\"432\" width=\"100%\" height=\"auto\"><span>Data Source: Box Office Mojo.</span></p>\n<p><b>Superheoes and Franchises Rule the Box Office</b></p>\n<p>With the exception of 2021's \"Free Guy,\" which came from Walt Disney's 20th Century Studios divison, every film in the top ten in both 2019 stars either a well-known superheor or comes from an established franchise.</p>\n<p>That has been the norm for a long time -- franchises and sequels produce big box office -- but 2021's returns suggest that while these movies still bring in theatergoers, the nunber of them has dropped. AMC and Cinemark certainly hope that the lingering pandemic has led to the drop.</p>\n<p>The problem for shareholders in these companies is that theatrical windows -- the period in which a movie plays in theaters before people can watch them at home -- have shrunk. That leads to lower revenues for films in theaters, according to astudycommissioned by the National Association of Theater Owners:</p>\n<blockquote>\n The findings are significant, as shrinking revenues in the home have put pressure on distributors to find a way to boost the fortunes of a home segment in secular decline. Shrinking the length of the theatrical release window has been the mechanism most often cited as a means to that end. This study finds that shorter release windows not only damage theatrical revenues—as expected—they damage home revenues as well.\n</blockquote>\n<p>The problem is that while shorter windows might be bad for traditional theatrical box office and, perhaps, for other revenue, that's not how major film producers inclduing Disney and Comcast (Universal) neccessarily value their films. Yes, both companies want to make money in theaters, but they also want to drive subscribers to their streaming services.</p>\n<p><b>AMC and Cinemark Can Expect a Better 2022</b></p>\n<p>The good news for AMC and Cinemark shareholders is that the pandemic has not ended. While a full box office recovery may be in doubt, a report from Grower Street Analytics suggests that numbers will bounce back in the coming year,Deadline reported.</p>\n<blockquote>\n The domestic, Chinese and international markets are all poised for improvement in 2022. However, says Gower Street, the most notable gain is expected to be in North America. Currently projected to hit $9.2B in 2022, up from an estimated $4.4B in 2021, that would see it move back up to its pre-pandemic position as the No. 1 global box office market, having been overtaken by China in both 2020 and 2021 — presuming the PRC comes in at the firm’s $8.2B 2022 forecast.\n</blockquote>\n<p>Grower does not see global box office recovering fully until 2023. The question -- and it's a fair one -- remains, \"will people ever return to theaters in large numbers for non-blockbsuters?\"</p>\n<p>\"While certain segments of moviegoers are closer to pre-pandemic levels, older moviegoers and family audiences have been slower to return,\" according to the Associated Press. \"That’s shrunk already narrow opportunities for non-franchise films to find audiences. Well before the pandemic, superheroes and spectacles were already a bigger and bigger slice of the box-office pie. Right now, they’re closer to the whole meal.\"</p>\n<p>David A. Gross, who runs the movie consultancy Franchise Entertainment,told the AP that while superhero films have bounced back to about 75% of their pre-pandemic business, other segments have not fared as well. Adult, character-driven genres (characters who don't wear masks or have superpowers) are down \"down 66% to 75% from normal, and family films are at least than 50% off,\" AP reported.</p>\n<p>Even Walt Disney CEO Bob Chapek, a man whose company had seven of the top 10 2021 theatrical releases in 2021, remains non-commital on exactly how his company will use theaters going forward. He did acknowledge during the company's fourth-quarter earnings call that theaters have been a driver for the company, but he seemed open to different types of releases.</p>\n<blockquote>\n We're watching very, very carefully different types of movies to see how the different components of the demographics of that market come back, and we're watching very carefully our family films as they're released over the next couple of months to make sure that that market will come back to theatrical exhibition as the general entertainment. Let's say, the films that appeal to a younger target audience have come back. And so, we're sticking with our plan of flexibility because we're still unsure in terms of how the marketplace is going to react when family films come back with a theatrical first window.\n</blockquote>\n<p>Disney has released some films on Disney+ at the same time as they premiere in theaters but at an additional charge. The company has also given its most-recent films theatre-only windows that are much shorter than what has been traditional before bringing them to Disney+ without an upcharge.</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>AMC Stock: What Comparing 2021's Top Films to 2019's Tells Investors</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\">\nAMC Stock: What Comparing 2021's Top Films to 2019's Tells Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-27 17:55 GMT+8 <a href=https://www.thestreet.com/investing/amc-stock-what-comparing-2021s-top-films-to-2019s-tells-investors><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Superheroes and franchises led the way both years, but the numbers are very different.\n\"Spider-Man: No Way Home\" gave AMC Entertainment and Cinemark Holdings a pretty big holiday gift. The movie ...</p>\n\n<a href=\"https://www.thestreet.com/investing/amc-stock-what-comparing-2021s-top-films-to-2019s-tells-investors\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.thestreet.com/investing/amc-stock-what-comparing-2021s-top-films-to-2019s-tells-investors","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138977740","content_text":"Superheroes and franchises led the way both years, but the numbers are very different.\n\"Spider-Man: No Way Home\" gave AMC Entertainment and Cinemark Holdings a pretty big holiday gift. The movie became the biggest hit of 2021 bringing in over $400 million in domestic box office through Christmas Day.\nThat was good news for the movie theater business, but it's more an anomaly than a sign that the box office has returned to its pre-pandemic glory days. The top-ten films at the domestic box office earned more than twice as much money in 2019 ($4.3 billion) compared to the top ten did in 2021 ($1.8 billion).\nData Source: Box Office Mojo.\nData Source: Box Office Mojo.\nSuperheoes and Franchises Rule the Box Office\nWith the exception of 2021's \"Free Guy,\" which came from Walt Disney's 20th Century Studios divison, every film in the top ten in both 2019 stars either a well-known superheor or comes from an established franchise.\nThat has been the norm for a long time -- franchises and sequels produce big box office -- but 2021's returns suggest that while these movies still bring in theatergoers, the nunber of them has dropped. AMC and Cinemark certainly hope that the lingering pandemic has led to the drop.\nThe problem for shareholders in these companies is that theatrical windows -- the period in which a movie plays in theaters before people can watch them at home -- have shrunk. That leads to lower revenues for films in theaters, according to astudycommissioned by the National Association of Theater Owners:\n\n The findings are significant, as shrinking revenues in the home have put pressure on distributors to find a way to boost the fortunes of a home segment in secular decline. Shrinking the length of the theatrical release window has been the mechanism most often cited as a means to that end. This study finds that shorter release windows not only damage theatrical revenues—as expected—they damage home revenues as well.\n\nThe problem is that while shorter windows might be bad for traditional theatrical box office and, perhaps, for other revenue, that's not how major film producers inclduing Disney and Comcast (Universal) neccessarily value their films. Yes, both companies want to make money in theaters, but they also want to drive subscribers to their streaming services.\nAMC and Cinemark Can Expect a Better 2022\nThe good news for AMC and Cinemark shareholders is that the pandemic has not ended. While a full box office recovery may be in doubt, a report from Grower Street Analytics suggests that numbers will bounce back in the coming year,Deadline reported.\n\n The domestic, Chinese and international markets are all poised for improvement in 2022. However, says Gower Street, the most notable gain is expected to be in North America. Currently projected to hit $9.2B in 2022, up from an estimated $4.4B in 2021, that would see it move back up to its pre-pandemic position as the No. 1 global box office market, having been overtaken by China in both 2020 and 2021 — presuming the PRC comes in at the firm’s $8.2B 2022 forecast.\n\nGrower does not see global box office recovering fully until 2023. The question -- and it's a fair one -- remains, \"will people ever return to theaters in large numbers for non-blockbsuters?\"\n\"While certain segments of moviegoers are closer to pre-pandemic levels, older moviegoers and family audiences have been slower to return,\" according to the Associated Press. \"That’s shrunk already narrow opportunities for non-franchise films to find audiences. Well before the pandemic, superheroes and spectacles were already a bigger and bigger slice of the box-office pie. Right now, they’re closer to the whole meal.\"\nDavid A. Gross, who runs the movie consultancy Franchise Entertainment,told the AP that while superhero films have bounced back to about 75% of their pre-pandemic business, other segments have not fared as well. Adult, character-driven genres (characters who don't wear masks or have superpowers) are down \"down 66% to 75% from normal, and family films are at least than 50% off,\" AP reported.\nEven Walt Disney CEO Bob Chapek, a man whose company had seven of the top 10 2021 theatrical releases in 2021, remains non-commital on exactly how his company will use theaters going forward. He did acknowledge during the company's fourth-quarter earnings call that theaters have been a driver for the company, but he seemed open to different types of releases.\n\n We're watching very, very carefully different types of movies to see how the different components of the demographics of that market come back, and we're watching very carefully our family films as they're released over the next couple of months to make sure that that market will come back to theatrical exhibition as the general entertainment. Let's say, the films that appeal to a younger target audience have come back. And so, we're sticking with our plan of flexibility because we're still unsure in terms of how the marketplace is going to react when family films come back with a theatrical first window.\n\nDisney has released some films on Disney+ at the same time as they premiere in theaters but at an additional charge. The company has also given its most-recent films theatre-only windows that are much shorter than what has been traditional before bringing them to Disney+ without an upcharge.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874684367,"gmtCreate":1637766653786,"gmtModify":1637766653786,"author":{"id":"4095042981375090","authorId":"4095042981375090","name":"Puh","avatar":"https://static.tigerbbs.com/734439e277aff305aa8a36dc3bbd1699","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095042981375090","authorIdStr":"4095042981375090"},"themes":[],"htmlText":"[得意] ","listText":"[得意] ","text":"[得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874684367","repostId":"2185517963","repostType":4,"isVote":1,"tweetType":1,"viewCount":928,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878884274,"gmtCreate":1637165988362,"gmtModify":1637165988362,"author":{"id":"4095042981375090","authorId":"4095042981375090","name":"Puh","avatar":"https://static.tigerbbs.com/734439e277aff305aa8a36dc3bbd1699","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095042981375090","authorIdStr":"4095042981375090"},"themes":[],"htmlText":"[得意] ","listText":"[得意] ","text":"[得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878884274","repostId":"1105577642","repostType":4,"repost":{"id":"1105577642","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637163145,"share":"https://www.laohu8.com/m/news/1105577642?lang=&edition=full","pubTime":"2021-11-17 23:32","market":"us","language":"en","title":"Sono Motors spikes 52% on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1105577642","media":"Tiger Newspress","summary":"Sono Motors spikes 52% on its first day of trading.\n\nSono Group N.V. announces the pricing of its in","content":"<p>Sono Motors spikes 52% on its first day of trading.</p>\n<p><img src=\"https://static.tigerbbs.com/a566216757e81e7503c8f24c9b477862\" tg-width=\"773\" tg-height=\"563\" referrerpolicy=\"no-referrer\"></p>\n<p>Sono Group N.V. announces the pricing of its initial public offering of 10,000,000 common shares at a price to the public of $15.00 per share. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 common shares at the initial public offering price. The common shares are expected to begin trading on the Nasdaq Global Market on November 17, 2021, under the ticker symbol “SEV”. The offering is expected to close on November 19, 2021, subject to customary closing conditions.</p>\n<p>Sono Motors is on a pioneering mission to accelerate the revolution of mobility by making every vehicle solar. Its disruptive solar technology has been developed to enable seamless integration into all types of vehicles to reduce the impact of CO2 emissions and pave the way for climate-friendly mobility.</p>\n<p>Sono Motors is developing the world’s first solar electric vehicle (SEV) for the masses, the Sion. Empowered by a strong community, Sono Motors has amassed more than 16,000 reservations with advance payments for the Sion. These vehicles will be produced through contract manufacturing with customer deliveries expected to begin in the first half of 2023.</p>\n<p>The unmatched solar technology is also being licensed to other manufacturers for application in vehicles such as buses, trailers, trucks, camper vans, trains and boats.</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>Sono Motors spikes 52% on its first day of trading</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\">\nSono Motors spikes 52% on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-17 23:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Sono Motors spikes 52% on its first day of trading.</p>\n<p><img src=\"https://static.tigerbbs.com/a566216757e81e7503c8f24c9b477862\" tg-width=\"773\" tg-height=\"563\" referrerpolicy=\"no-referrer\"></p>\n<p>Sono Group N.V. announces the pricing of its initial public offering of 10,000,000 common shares at a price to the public of $15.00 per share. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 common shares at the initial public offering price. The common shares are expected to begin trading on the Nasdaq Global Market on November 17, 2021, under the ticker symbol “SEV”. The offering is expected to close on November 19, 2021, subject to customary closing conditions.</p>\n<p>Sono Motors is on a pioneering mission to accelerate the revolution of mobility by making every vehicle solar. Its disruptive solar technology has been developed to enable seamless integration into all types of vehicles to reduce the impact of CO2 emissions and pave the way for climate-friendly mobility.</p>\n<p>Sono Motors is developing the world’s first solar electric vehicle (SEV) for the masses, the Sion. Empowered by a strong community, Sono Motors has amassed more than 16,000 reservations with advance payments for the Sion. These vehicles will be produced through contract manufacturing with customer deliveries expected to begin in the first half of 2023.</p>\n<p>The unmatched solar technology is also being licensed to other manufacturers for application in vehicles such as buses, trailers, trucks, camper vans, trains and boats.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105577642","content_text":"Sono Motors spikes 52% on its first day of trading.\n\nSono Group N.V. announces the pricing of its initial public offering of 10,000,000 common shares at a price to the public of $15.00 per share. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 common shares at the initial public offering price. The common shares are expected to begin trading on the Nasdaq Global Market on November 17, 2021, under the ticker symbol “SEV”. The offering is expected to close on November 19, 2021, subject to customary closing conditions.\nSono Motors is on a pioneering mission to accelerate the revolution of mobility by making every vehicle solar. Its disruptive solar technology has been developed to enable seamless integration into all types of vehicles to reduce the impact of CO2 emissions and pave the way for climate-friendly mobility.\nSono Motors is developing the world’s first solar electric vehicle (SEV) for the masses, the Sion. Empowered by a strong community, Sono Motors has amassed more than 16,000 reservations with advance payments for the Sion. These vehicles will be produced through contract manufacturing with customer deliveries expected to begin in the first half of 2023.\nThe unmatched solar technology is also being licensed to other manufacturers for application in vehicles such as buses, trailers, trucks, camper vans, trains and boats.","news_type":1},"isVote":1,"tweetType":1,"viewCount":968,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870348463,"gmtCreate":1636590213451,"gmtModify":1636590213451,"author":{"id":"4095042981375090","authorId":"4095042981375090","name":"Puh","avatar":"https://static.tigerbbs.com/734439e277aff305aa8a36dc3bbd1699","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095042981375090","authorIdStr":"4095042981375090"},"themes":[],"htmlText":"To the moon🚀🚀🚀","listText":"To the moon🚀🚀🚀","text":"To the moon🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/870348463","repostId":"2182445058","repostType":2,"repost":{"id":"2182445058","kind":"highlight","weMediaInfo":{"introduction":"Share your news with media, investors, and consumers with targeted distribution options from one of the world’s largest and most trusted newswires.","home_visible":1,"media_name":"GlobeNewswire","id":"1016364462","head_image":"https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a"},"pubTimestamp":1636589038,"share":"https://www.laohu8.com/m/news/2182445058?lang=&edition=full","pubTime":"2021-11-11 08:03","market":"us","language":"en","title":"Opendoor Reports Revenue of $2.3 billion, up 91% versus 2Q21","url":"https://stock-news.laohu8.com/highlight/detail?id=2182445058","media":"GlobeNewswire","summary":"Opendoor Technologies Inc , a leading digital platform for residential real estate, today reported f","content":"<p><a href=\"https://laohu8.com/S/OPEN\">Opendoor Technologies Inc</a> , a leading digital platform for residential real estate, today reported financial results for its quarter ended September 30, 2021. Opendoor’s third quarter 2021 financial results and management commentary can be accessed through the Company’s shareholder letter on the quarterly results page of Opendoor’s investor relations website at https://investor.opendoor.com.</p>\n<p>“Over the years, I am often asked whether our vision and strategy has changed. The short answer is no - we have always been focused on making it possible to buy, sell, and move at the tap of a button. In our view, the end state for the real estate marketplace will inevitably be a simple, certain, and fast transaction powered by technology. It is just a matter of when. So we have been consistently focused on investing in that future experience, piece by piece, with the consumer in mind at every step. We take great pride in doing the hard work to execute with excellence in our consumer experience, technology, business performance, and company culture. This is what sets us apart,” said Eric Wu, Co-Founder and CEO of Opendoor. “Our third quarter results are the byproduct of our focus on the consumer experience and strong, consistent execution. We exceeded our expectations in generating $2.3 billion of revenue, acquiring 15,181 homes, and delivering over $170 million of Contribution Profit and $35 million of Adjusted EBITDA.”</p>\n<p><b>Third Quarter 2021 Key Highlights</b></p>\n<p>Unless otherwise stated, all comparisons are on a quarter-over-quarter basis. We believe that sequential comparisons better reflect our underlying growth trends given our decision to pause home acquisitions and actively sell through our inventory last year due to COVID-19.</p>\n<ul>\n <li>Revenue of $2.3 billion, up 91% versus 2Q21, with 5,988 total homes sold, up 72% versus 2Q21</li>\n <li>Gross profit of $202 million, versus $159 million in 2Q21; gross margin of 8.9%, versus 13.4% in 2Q21</li>\n <li>Net income of $(57) million, versus $(144) million in 2Q21</li>\n <li>Adjusted Net Income of $(17) million, versus $2 million in 2Q21</li>\n <li>Contribution Profit of $170 million, versus $128 million in 2Q21; Contribution Margin of 7.5%, versus 10.8% in 2Q21</li>\n <li>Adjusted EBITDA of $35 million versus $26 million in 2Q21; Adjusted EBITDA Margin of 1.5% versus 2.2% in 2Q21</li>\n <li>Expanded to 44 markets at the end of 3Q21 with 5 new market launches</li>\n <li>Purchased 15,181 homes, up 79% versus 2Q21</li>\n <li>Grew inventory balance to 17,164 homes, representing $6.3 billion in value, up 130% versus 2Q21</li>\n</ul>\n<p><b>Outlook</b></p>\n<ul>\n <li>4Q21 revenue guidance of $3.1 billion - $3.2 billion</li>\n <li>4Q21 Adjusted EBITDA1 guidance of ($5) million - $5 million<img src=\"https://static.tigerbbs.com/05d7779e620cc1630ccc7ad04272a020\" tg-width=\"883\" tg-height=\"634\" referrerpolicy=\"no-referrer\"></li>\n</ul>","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>Opendoor Reports Revenue of $2.3 billion, up 91% versus 2Q21</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\">\nOpendoor Reports Revenue of $2.3 billion, up 91% versus 2Q21\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1016364462\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">GlobeNewswire </p>\n<p class=\"h-time\">2021-11-11 08:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/OPEN\">Opendoor Technologies Inc</a> , a leading digital platform for residential real estate, today reported financial results for its quarter ended September 30, 2021. Opendoor’s third quarter 2021 financial results and management commentary can be accessed through the Company’s shareholder letter on the quarterly results page of Opendoor’s investor relations website at https://investor.opendoor.com.</p>\n<p>“Over the years, I am often asked whether our vision and strategy has changed. The short answer is no - we have always been focused on making it possible to buy, sell, and move at the tap of a button. In our view, the end state for the real estate marketplace will inevitably be a simple, certain, and fast transaction powered by technology. It is just a matter of when. So we have been consistently focused on investing in that future experience, piece by piece, with the consumer in mind at every step. We take great pride in doing the hard work to execute with excellence in our consumer experience, technology, business performance, and company culture. This is what sets us apart,” said Eric Wu, Co-Founder and CEO of Opendoor. “Our third quarter results are the byproduct of our focus on the consumer experience and strong, consistent execution. We exceeded our expectations in generating $2.3 billion of revenue, acquiring 15,181 homes, and delivering over $170 million of Contribution Profit and $35 million of Adjusted EBITDA.”</p>\n<p><b>Third Quarter 2021 Key Highlights</b></p>\n<p>Unless otherwise stated, all comparisons are on a quarter-over-quarter basis. We believe that sequential comparisons better reflect our underlying growth trends given our decision to pause home acquisitions and actively sell through our inventory last year due to COVID-19.</p>\n<ul>\n <li>Revenue of $2.3 billion, up 91% versus 2Q21, with 5,988 total homes sold, up 72% versus 2Q21</li>\n <li>Gross profit of $202 million, versus $159 million in 2Q21; gross margin of 8.9%, versus 13.4% in 2Q21</li>\n <li>Net income of $(57) million, versus $(144) million in 2Q21</li>\n <li>Adjusted Net Income of $(17) million, versus $2 million in 2Q21</li>\n <li>Contribution Profit of $170 million, versus $128 million in 2Q21; Contribution Margin of 7.5%, versus 10.8% in 2Q21</li>\n <li>Adjusted EBITDA of $35 million versus $26 million in 2Q21; Adjusted EBITDA Margin of 1.5% versus 2.2% in 2Q21</li>\n <li>Expanded to 44 markets at the end of 3Q21 with 5 new market launches</li>\n <li>Purchased 15,181 homes, up 79% versus 2Q21</li>\n <li>Grew inventory balance to 17,164 homes, representing $6.3 billion in value, up 130% versus 2Q21</li>\n</ul>\n<p><b>Outlook</b></p>\n<ul>\n <li>4Q21 revenue guidance of $3.1 billion - $3.2 billion</li>\n <li>4Q21 Adjusted EBITDA1 guidance of ($5) million - $5 million<img src=\"https://static.tigerbbs.com/05d7779e620cc1630ccc7ad04272a020\" tg-width=\"883\" tg-height=\"634\" referrerpolicy=\"no-referrer\"></li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OPEN":"Opendoor Technologies Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2182445058","content_text":"Opendoor Technologies Inc , a leading digital platform for residential real estate, today reported financial results for its quarter ended September 30, 2021. Opendoor’s third quarter 2021 financial results and management commentary can be accessed through the Company’s shareholder letter on the quarterly results page of Opendoor’s investor relations website at https://investor.opendoor.com.\n“Over the years, I am often asked whether our vision and strategy has changed. The short answer is no - we have always been focused on making it possible to buy, sell, and move at the tap of a button. In our view, the end state for the real estate marketplace will inevitably be a simple, certain, and fast transaction powered by technology. It is just a matter of when. So we have been consistently focused on investing in that future experience, piece by piece, with the consumer in mind at every step. We take great pride in doing the hard work to execute with excellence in our consumer experience, technology, business performance, and company culture. This is what sets us apart,” said Eric Wu, Co-Founder and CEO of Opendoor. “Our third quarter results are the byproduct of our focus on the consumer experience and strong, consistent execution. We exceeded our expectations in generating $2.3 billion of revenue, acquiring 15,181 homes, and delivering over $170 million of Contribution Profit and $35 million of Adjusted EBITDA.”\nThird Quarter 2021 Key Highlights\nUnless otherwise stated, all comparisons are on a quarter-over-quarter basis. We believe that sequential comparisons better reflect our underlying growth trends given our decision to pause home acquisitions and actively sell through our inventory last year due to COVID-19.\n\nRevenue of $2.3 billion, up 91% versus 2Q21, with 5,988 total homes sold, up 72% versus 2Q21\nGross profit of $202 million, versus $159 million in 2Q21; gross margin of 8.9%, versus 13.4% in 2Q21\nNet income of $(57) million, versus $(144) million in 2Q21\nAdjusted Net Income of $(17) million, versus $2 million in 2Q21\nContribution Profit of $170 million, versus $128 million in 2Q21; Contribution Margin of 7.5%, versus 10.8% in 2Q21\nAdjusted EBITDA of $35 million versus $26 million in 2Q21; Adjusted EBITDA Margin of 1.5% versus 2.2% in 2Q21\nExpanded to 44 markets at the end of 3Q21 with 5 new market launches\nPurchased 15,181 homes, up 79% versus 2Q21\nGrew inventory balance to 17,164 homes, representing $6.3 billion in value, up 130% versus 2Q21\n\nOutlook\n\n4Q21 revenue guidance of $3.1 billion - $3.2 billion\n4Q21 Adjusted EBITDA1 guidance of ($5) million - $5 million","news_type":1},"isVote":1,"tweetType":1,"viewCount":1213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842906872,"gmtCreate":1636123096355,"gmtModify":1636123096463,"author":{"id":"4095042981375090","authorId":"4095042981375090","name":"Puh","avatar":"https://static.tigerbbs.com/734439e277aff305aa8a36dc3bbd1699","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095042981375090","authorIdStr":"4095042981375090"},"themes":[],"htmlText":"Buy the dip!! ","listText":"Buy the dip!! ","text":"Buy the dip!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/842906872","repostId":"1171686550","repostType":2,"repost":{"id":"1171686550","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1636122608,"share":"https://www.laohu8.com/m/news/1171686550?lang=&edition=full","pubTime":"2021-11-05 22:30","market":"us","language":"en","title":"Electric-Van Maker Workhorse Is Being Investigated by the Justice Department, Documents Show","url":"https://stock-news.laohu8.com/highlight/detail?id=1171686550","media":"Tiger Newspress","summary":"Electric-van maker Workhorse stock Dived 9% in morning trading after the report that it was being in","content":"<p>Electric-van maker Workhorse stock Dived 9% in morning trading after the report that it was being investigated by the Justice Department, documents showed,according to The Wall Street Journal.</p>\n<p><img src=\"https://static.tigerbbs.com/7fdfded4c9a2f3f4ff4082571b111d08\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p>The Justice Department has opened an investigation into electric-van startup Workhorse Inc.,according to documents reviewed by The Wall Street Journal.</p>\n<p>The focus of the inquiry, which is being conducted by the U.S. attorney’s office in Manhattan, wasn’t revealed in the documents.</p>\n<p>Spokesmen for the Manhattan U.S. attorney’s office and Workhorse declined to comment on the probe.</p>\n<p>Also investigating Workhorse is the U.S. Securities and Exchange Commission, whose probe into the company was reported by the Journal in September. Workhorse has since said it had notified the SEC of misstatements it had made to safety regulators.</p>\n<p>Shares in Workhorse closed at $7.22 Thursday, down 82% from an all-time high of $41.34 in February. Since late July, the company has installed new executive leadership, withdrawn financial guidance, stopped production and recalled vans that had already been delivered to customers.</p>\n<p>Last year, electric-vehicle startups saw an influx of billions of dollars, many through mergers with special-purpose-acquisition companies, or SPACs. Workhorse’s roots as a public company go back to 2010, but its stock price benefited last year from the increased investor interest in EVs. Shares of Workhorse rocketed more than 2,000% between March 2020 and this past February.</p>\n<p>Workhorse is the third electric-vehicle company known to have come under scrutiny from both federal prosecutors and securities regulators in the past 14 months.</p>\n<p>This July, the Justice Department and the SEC filed securities-fraud charges against Trevor Milton, founder and former executive chairman of hydrogen-truck startup Nikola Corp.On Thursday,Nikola said it was putting aside $125 million ahead of a potential settlement with the SEC.</p>\n<p>Nikola is “looking forward to resolving the outstanding issues relating to our founder and bringing that chapter to a close and maintaining our focus on delivering trucks to our customers,” Chief Executive Mark Russell said. Nikola said in a regulatory filing Thursday that it is committed to cooperating fully with the SEC and Justice Department investigations, which are ongoing.</p>\n<p>A spokesman for Mr. Milton declined to comment.After he was charged in July, a spokesman for Mr. Milton’s lawyers said he was innocent and had been wrongly accused following a faulty investigation.</p>\n<p>Earlier this year,the SEC and the Justice Department opened probes into Lordstown Motors Corp., a company in which Workhorse was an early investor.</p>\n<p>Lordstown Motors has said it is committed to cooperating with any investigations.</p>\n<p>Both Workhorse and Lordstown have been targeted by short sellers who say they are skeptical of the companies’ products and prospects for future business.</p>\n<p>Based in Loveland, Ohio, Workhorse manufactures electric delivery vans that it aims to sell to commercial-fleet operators like United Parcel Service Inc.Workhorse had been a bidder on a new contract to make mail delivery trucks for the U.S. Postal Service, but lost the bid in February. The company challenged that decision in court but has since withdrawn its complaint.</p>\n<p>On July 29, Workhorse said it was hiring Richard Dauch as chief executive and pulling its financial guidance for investors. Mr. Dauch had most recently served in the same role at Delphi Technologies PLC and oversaw its sale to BorgWarner Inc. Former Workhorse CEO Duane Hughes left the company by mutual agreement.</p>\n<p>A few weeks later, Mr. Dauch opened an earnings call saying the company was revising designs for its flagship C-1000 vans in response to customer feedback that said they lacked payload capacity.</p>\n<p>On Sept. 22, Workhorse said it was suspending deliveries of the C-1000 and recalling 41 that had already been delivered to customers. The company said that the vehicles needed more testing to comply with federal safety standards and that earlier statements related to their compliance made to federal regulators couldn’t be relied on.</p>\n<p>Last month, the company disclosed that the chief financial officer, chief operating officer and general counsel who had been at the company with Mr. Hughes had left or would leave the company.</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>Electric-Van Maker Workhorse Is Being Investigated by the Justice Department, Documents Show</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\">\nElectric-Van Maker Workhorse Is Being Investigated by the Justice Department, Documents Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-05 22:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Electric-van maker Workhorse stock Dived 9% in morning trading after the report that it was being investigated by the Justice Department, documents showed,according to The Wall Street Journal.</p>\n<p><img src=\"https://static.tigerbbs.com/7fdfded4c9a2f3f4ff4082571b111d08\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p>The Justice Department has opened an investigation into electric-van startup Workhorse Inc.,according to documents reviewed by The Wall Street Journal.</p>\n<p>The focus of the inquiry, which is being conducted by the U.S. attorney’s office in Manhattan, wasn’t revealed in the documents.</p>\n<p>Spokesmen for the Manhattan U.S. attorney’s office and Workhorse declined to comment on the probe.</p>\n<p>Also investigating Workhorse is the U.S. Securities and Exchange Commission, whose probe into the company was reported by the Journal in September. Workhorse has since said it had notified the SEC of misstatements it had made to safety regulators.</p>\n<p>Shares in Workhorse closed at $7.22 Thursday, down 82% from an all-time high of $41.34 in February. Since late July, the company has installed new executive leadership, withdrawn financial guidance, stopped production and recalled vans that had already been delivered to customers.</p>\n<p>Last year, electric-vehicle startups saw an influx of billions of dollars, many through mergers with special-purpose-acquisition companies, or SPACs. Workhorse’s roots as a public company go back to 2010, but its stock price benefited last year from the increased investor interest in EVs. Shares of Workhorse rocketed more than 2,000% between March 2020 and this past February.</p>\n<p>Workhorse is the third electric-vehicle company known to have come under scrutiny from both federal prosecutors and securities regulators in the past 14 months.</p>\n<p>This July, the Justice Department and the SEC filed securities-fraud charges against Trevor Milton, founder and former executive chairman of hydrogen-truck startup Nikola Corp.On Thursday,Nikola said it was putting aside $125 million ahead of a potential settlement with the SEC.</p>\n<p>Nikola is “looking forward to resolving the outstanding issues relating to our founder and bringing that chapter to a close and maintaining our focus on delivering trucks to our customers,” Chief Executive Mark Russell said. Nikola said in a regulatory filing Thursday that it is committed to cooperating fully with the SEC and Justice Department investigations, which are ongoing.</p>\n<p>A spokesman for Mr. Milton declined to comment.After he was charged in July, a spokesman for Mr. Milton’s lawyers said he was innocent and had been wrongly accused following a faulty investigation.</p>\n<p>Earlier this year,the SEC and the Justice Department opened probes into Lordstown Motors Corp., a company in which Workhorse was an early investor.</p>\n<p>Lordstown Motors has said it is committed to cooperating with any investigations.</p>\n<p>Both Workhorse and Lordstown have been targeted by short sellers who say they are skeptical of the companies’ products and prospects for future business.</p>\n<p>Based in Loveland, Ohio, Workhorse manufactures electric delivery vans that it aims to sell to commercial-fleet operators like United Parcel Service Inc.Workhorse had been a bidder on a new contract to make mail delivery trucks for the U.S. Postal Service, but lost the bid in February. The company challenged that decision in court but has since withdrawn its complaint.</p>\n<p>On July 29, Workhorse said it was hiring Richard Dauch as chief executive and pulling its financial guidance for investors. Mr. Dauch had most recently served in the same role at Delphi Technologies PLC and oversaw its sale to BorgWarner Inc. Former Workhorse CEO Duane Hughes left the company by mutual agreement.</p>\n<p>A few weeks later, Mr. Dauch opened an earnings call saying the company was revising designs for its flagship C-1000 vans in response to customer feedback that said they lacked payload capacity.</p>\n<p>On Sept. 22, Workhorse said it was suspending deliveries of the C-1000 and recalling 41 that had already been delivered to customers. The company said that the vehicles needed more testing to comply with federal safety standards and that earlier statements related to their compliance made to federal regulators couldn’t be relied on.</p>\n<p>Last month, the company disclosed that the chief financial officer, chief operating officer and general counsel who had been at the company with Mr. Hughes had left or would leave the company.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WKHS":"Workhorse Group, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171686550","content_text":"Electric-van maker Workhorse stock Dived 9% in morning trading after the report that it was being investigated by the Justice Department, documents showed,according to The Wall Street Journal.\n\nThe Justice Department has opened an investigation into electric-van startup Workhorse Inc.,according to documents reviewed by The Wall Street Journal.\nThe focus of the inquiry, which is being conducted by the U.S. attorney’s office in Manhattan, wasn’t revealed in the documents.\nSpokesmen for the Manhattan U.S. attorney’s office and Workhorse declined to comment on the probe.\nAlso investigating Workhorse is the U.S. Securities and Exchange Commission, whose probe into the company was reported by the Journal in September. Workhorse has since said it had notified the SEC of misstatements it had made to safety regulators.\nShares in Workhorse closed at $7.22 Thursday, down 82% from an all-time high of $41.34 in February. Since late July, the company has installed new executive leadership, withdrawn financial guidance, stopped production and recalled vans that had already been delivered to customers.\nLast year, electric-vehicle startups saw an influx of billions of dollars, many through mergers with special-purpose-acquisition companies, or SPACs. Workhorse’s roots as a public company go back to 2010, but its stock price benefited last year from the increased investor interest in EVs. Shares of Workhorse rocketed more than 2,000% between March 2020 and this past February.\nWorkhorse is the third electric-vehicle company known to have come under scrutiny from both federal prosecutors and securities regulators in the past 14 months.\nThis July, the Justice Department and the SEC filed securities-fraud charges against Trevor Milton, founder and former executive chairman of hydrogen-truck startup Nikola Corp.On Thursday,Nikola said it was putting aside $125 million ahead of a potential settlement with the SEC.\nNikola is “looking forward to resolving the outstanding issues relating to our founder and bringing that chapter to a close and maintaining our focus on delivering trucks to our customers,” Chief Executive Mark Russell said. Nikola said in a regulatory filing Thursday that it is committed to cooperating fully with the SEC and Justice Department investigations, which are ongoing.\nA spokesman for Mr. Milton declined to comment.After he was charged in July, a spokesman for Mr. Milton’s lawyers said he was innocent and had been wrongly accused following a faulty investigation.\nEarlier this year,the SEC and the Justice Department opened probes into Lordstown Motors Corp., a company in which Workhorse was an early investor.\nLordstown Motors has said it is committed to cooperating with any investigations.\nBoth Workhorse and Lordstown have been targeted by short sellers who say they are skeptical of the companies’ products and prospects for future business.\nBased in Loveland, Ohio, Workhorse manufactures electric delivery vans that it aims to sell to commercial-fleet operators like United Parcel Service Inc.Workhorse had been a bidder on a new contract to make mail delivery trucks for the U.S. Postal Service, but lost the bid in February. The company challenged that decision in court but has since withdrawn its complaint.\nOn July 29, Workhorse said it was hiring Richard Dauch as chief executive and pulling its financial guidance for investors. Mr. Dauch had most recently served in the same role at Delphi Technologies PLC and oversaw its sale to BorgWarner Inc. Former Workhorse CEO Duane Hughes left the company by mutual agreement.\nA few weeks later, Mr. Dauch opened an earnings call saying the company was revising designs for its flagship C-1000 vans in response to customer feedback that said they lacked payload capacity.\nOn Sept. 22, Workhorse said it was suspending deliveries of the C-1000 and recalling 41 that had already been delivered to customers. The company said that the vehicles needed more testing to comply with federal safety standards and that earlier statements related to their compliance made to federal regulators couldn’t be relied on.\nLast month, the company disclosed that the chief financial officer, chief operating officer and general counsel who had been at the company with Mr. Hughes had left or would leave the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846653598,"gmtCreate":1636080028399,"gmtModify":1636080373481,"author":{"id":"4095042981375090","authorId":"4095042981375090","name":"Puh","avatar":"https://static.tigerbbs.com/734439e277aff305aa8a36dc3bbd1699","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095042981375090","authorIdStr":"4095042981375090"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846653598","repostId":"2181792160","repostType":4,"isVote":1,"tweetType":1,"viewCount":896,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":840349292,"gmtCreate":1635596828155,"gmtModify":1635596829003,"author":{"id":"4095042981375090","authorId":"4095042981375090","name":"Puh","avatar":"https://static.tigerbbs.com/734439e277aff305aa8a36dc3bbd1699","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095042981375090","authorIdStr":"4095042981375090"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>going to the moon🚀🚀🚀","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>going to the moon🚀🚀🚀","text":"$Tesla Motors(TSLA)$going to the moon🚀🚀🚀","images":[{"img":"https://static.tigerbbs.com/22dc44fe492c942279ece9455db59838","width":"1080","height":"2213"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/840349292","isVote":1,"tweetType":1,"viewCount":712,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":853055690,"gmtCreate":1634744744959,"gmtModify":1634744745048,"author":{"id":"4095042981375090","authorId":"4095042981375090","name":"Puh","avatar":"https://static.tigerbbs.com/734439e277aff305aa8a36dc3bbd1699","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095042981375090","authorIdStr":"4095042981375090"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BLK\">$BlackRock(BLK)$</a>To the mood","listText":"<a href=\"https://laohu8.com/S/BLK\">$BlackRock(BLK)$</a>To the mood","text":"$BlackRock(BLK)$To the mood","images":[{"img":"https://static.tigerbbs.com/d2e5e803425fd266c0738b7dab83c4e0","width":"1080","height":"2126"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/853055690","isVote":1,"tweetType":1,"viewCount":806,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"defaultTab":"posts","isTTM":false}