Page 105 - லார்ட்ஸ்டவுன் மோட்டார்கள் கார்ப் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Provided by Dow Jones By Amrith Ramkumar Shares of technology firms and special-purpose acquisition companies surged on Tuesday, bouncing back after a weekslong streak of declines that pushed some popular SPACs down 20% or more in a month. The Nasdaq Composite surged 3.7% for its biggest advance since November, trimming a recent slide that just one day earlier had dragged it more than 10% below its February all-time high. Shares of electric-car company Tesla Inc. rebounded 20%, adding more than $100 billion to the company s market value, or roughly the equivalent of two Ford Motor Co. Some popular companies that have gone public by merging with so-called SPACs in recent years including online real-estate firm Opendoor Technologies Inc., space-tourism company Virgin Galactic Holdings Inc. and electric-car company Lordstown Motors Corp. added 6% or more. Those all remain down at least 30% in the last month.

Roy behrenMichael kleinEvan ratnerAmrith ramkumarVirgin galactic holdings incFord motor coFederal reserveWilliam ackman pershing square tontine holdings ltdTesla incOpendoor technologies incGs acquisition holdings corpLordstown motors corpDow jones company incCitigroup incChamath palihapitiya social capital hedosophia holdings corpNasdaq composite