Electric-vehicle startups see weekly gains after blistering rally

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EV startups look to extend impressive rally Friday

June 16, 2023 8:24 AM EDT

On Friday, electric vehicle startups such as Nikola (NASADQ: NKLA) and Lordstown Motors (NASDAQ: RIDE) are poised to continue a remarkable rally in share prices, propelling these financially strained companies towards substantial weekly gains.

The impressive winning streak comes without any apparent news or catalyst for the... More