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Workhorse Posts Best 3-Day Jump Since July on Retail Fandom

(Bloomberg) Troubled electric truck startup Workhorse Group Inc. has become the latest darling of retail traders, who have pushed its share price up 58% in just three trading sessions.The stock soared as much as 59% on Thursday, before closing up 28%, the biggest one-day move since Jan. 26. Workhorse, which is still in pre-production phase, saw its shares soar last year as investors scoured the market for the next Tesla Inc. That frenzy evaporated this year as many traditional auto companies ....

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(RIDE), General Motors Company (NYSE:GM) - News Analysis: Nikola tormentor Hindenburg Research Opens Fire On Lordstown Motors


LMC is a mirage that paid outside consultants to pad the order numbers to increase investor confidence.
Founder Steve Burns used unethical and deceptive business practices and untested components to make the electric commercial pickup truck called Endurance. 
And the report raises questions about how much technology the company has, just as Hindenburg did at Nikola. It cites specifics of a lawsuit alleging LMC stole at least some intellectual property and poached employees from another startup electric vehicle (EV) maker.
‘Half-truths and lies
Burns told The Wall Street Journal the Hindenburg report contained half-truths and lies. He said Hindenburg is trying to hurt the stock before the company reports its first quarterly update as a publicly traded entity next week. Burns did not return a call from FreightWaves. ....

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Alexco Closes $11.7 Million Flow-Through Equity Financing


VANCOUVER, BC, Jan. 28, 2021 /PRNewswire/ -
 Alexco Resource Corp. (NYSE American: AXU) (TSX: AXU) (
Alexco or the
Company ) announces that it has closed the previously announced flow-through bought deal public offering (the
Offering ) with a syndicate of underwriters co-led by Cormark Securities Inc. and Cantor Fitzgerald Canada Corporation as joint bookrunners, and including R.F. Lafferty & Co. Inc. and A.G.P./Alliance Global Partners (collectively the
Underwriters ). With full exercise of the Underwriters over-allotment option, the Company has issued a total of 2,704,770 flow-through common shares (the
Flow-Through Shares ) for gross proceeds of $11,700,666.
The Flow-Through Shares are comprised of (i) 2,053,670 shares issued as flow-through shares with respect to Canadian exploration expenses (the ....

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Huadi International Group Co, Ltd. Announces Pricing of $25 Million Initial Public Offering


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Huadi International Group Co, Ltd. Announces Pricing of $25 Million Initial Public Offering
HUADI INTERNATIONAL GROUP CO., LTD.January 22, 2021 GMT
Wenzhou, China, Jan. 22, 2021 (GLOBE NEWSWIRE) Huadi International Group Co., Ltd. (“HUDI” or the “Company”) (NASDAQ: HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, today announced the pricing of its initial public offering of 3,125,000 ordinary shares at a public offering price of $8.00 per ordinary share, for total gross proceeds of $25 million before deducting underwriting discounts and commissions and offering expenses. The offering is being conducted on a firm commitment basis. The ordinary shares have been approved for listing on The Nasdaq Capital Market and are expected to commence trading today, January 22, 2021, under the ticker symbol “HU ....

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