Streetbeat News

ARGGY

Aston Martin Lagonda Global Holdings Plc

https://www.astonmartinlagonda.com/

Industry

Automobile Manufacturing

Open

1.27

Mkt cap

1.2B

Volume

3.7K

High

1.30

P/E Ratio

-2.84

52-wk high

2.85

Low

1.27

Div yield

N/A

52-wk low

1.23

Lucid Group Inc (NASDAQ:LCID) missed its Q2 delivery estimates, delivering 1,404 vehicles, below the expected 1,873. Tesla Inc (NASDAQ:TSLA) is struggling with bloated inventory, leading to discounted EV prices. Worksport Ltd (NASDAQ:WKSP) announced substantial orders for its solar powered tonneau cover SOLIS and remote battery storage system COR. Ford Motor (NYSE:GM) and General Motors (NYSE:GM) are also struggling with EV sales. Aston Martin Lagonda Global Holdings (OTC:ARGGY) signed a long-term strategic technology partnership deal with Lucid.

Portfolio Pulse from Upwallstreet

July 13, 2023 | 2:14 pm

Aston Martin partners with Lucid Group to accelerate its high-performance EV strategy. Lucid will provide powertrain components and systems, gaining a 3.7% stake in Aston Martin. The collaboration will help Aston Martin launch its first all-electric model in 2025.

Portfolio Pulse from Upwallstreet

June 26, 2023 | 2:34 pm

US stocks are expected to start the week with a negative bias after major indices snapped multi-week winning streaks on Friday. Analyst Ryan Detrick advises not to worry, as weakness in the third week of June is historically normal. In premarket trading, SPY and QQQ ETFs slipped, while TSLA, AAPL, SPCE, and CCL stocks are in focus.

Portfolio Pulse from Shanthi Rexaline

June 26, 2023 | 10:06 am

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