SBE’s momentum this year has many investors largely bullish on this stock. The company’s share price spiked from $9 to $44 over the span of the year. This increase can be attributed to a strong rally in the electric vehicle market. With more electric car models slated for re...
It’s easy to make a breezy bull case for this sort of stock. Electric vehicles are the wave of the future. Thus, isn’t charging technology an inevitable way to play the trend? A stock like this practically sells itself just listening to the story. Once you dig in deeper, ...
The remaining half of the common stock and $150 million of newly issued preferred equity will be shared equally between Cain Hoy and Yucaipa. Both Jonathan Goldstein of Cain Hoy and Ron Burkle will join Nazarian on SBE's Board of Directors. "I like to work with creative, strategic-...
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Since the spring, “growth at any price” has been the name of the game for electric vehicle plays. As a result, EV stock valuations have gotten way ahead of themselves. It’s impossible to estimate when it will happen, but it’s only a matter of time before this bubble bursts. ...