Despite the management’s bullish commentary, and retail’s enthusiastic response, the stock is down over 99% year-to-date.
The firm said the sale was conducted through the company’s wholly-owned subsidiary, Paralus Shipholding S.A., with an unrelated Japanese third party.
XPeng also plans to expand its presence from 30 markets to 60 in 2025.
With Rigetti and D-Wave leading the charge, retail investors on Stocktwits believe quantum computing stocks are poised for further upside in the coming year.
Under the terms of the transaction, Casago will acquire all outstanding shares of Vacasa held by public stockholders at a price of $5.02 per share.
Comstock shares have gained over 139% in the last five days. However, its year-to-date gains are capped at just over 54%.
Faraday Future is a California-based startup that focuses on developing electric vehicles.
From under $250 ahead of the election, the Tesla stock took off and rallied to an all-time peak of $465.33 (intraday) on Dec. 26.
Retail sentiment on Stocktwits turned ‘bearish’ on Monday from ‘bullish’ a week ago
MicroStrategy, the Michael Saylor-owned software company more popularly known for its Bitcoin treasury, was investors’ least favorite among the four.