BYD (OTCMKTS: BYDDF) is trading at $28.79 (up 7.63%) on June 17, 2021. If the stock sustains above $28.50, it can target $35 in the future. However, if the stock falls below $23.00, it is advised to exit and enter at lower levels for smart gains.
BYD shipped hundred all-electric Tang SUVs from its Shanghai plant to Norway.
The selling price of each electric vehicle is $72,418. It will ship the balance of 1,100 electric vehicles by the end of this year.
Nabors Industries Ltd (NYSE: NBR) stock trades at $117.21 (down 4.69%) on June 17, 2021. It is a clear breakout. If the stock sustains above $120, it can offer handsome gains to the investors. However, investors are advised to exercise caution and exit the stock and reenter at the $82 for quick gains.
Nabors Industries’ newly created Special Purpose Acquisition Company – Nabors Energy Transition Corp, submitted Form S-1 registration statement with the US SEC for its IPO. Nabors Energy plans to list its shares on NYSE under the ticker ‘NETC.U’.
Nabors Energy would utilize the global presence and technology and energy expertise of Nabors Industries to develop and implement advanced technologies to detect potential targets.
Nabors Energy plans to raise $250 million through the proposed IPO. The company appointed Wells Fargo Securities and Citigroup as the book-running managers for this IPO.
Luckin Coffee Inc (OTCMKTS: LKNCY) stock trades at $9.12 (down 0.87%) on June 17, 2021. The stock gained 36.57% in over a month. It is advised to exit this stock at the current levels and buy again at $6 levels.
Inducts Centurion ZD CPA & Co as an independent accounting firm
Luckin inducted Centurion ZD CPA & Co as its auditor with effect from April 15, 2021. ZD CPA replaces Marcum Bernstein & Pinchuk LLP, the previous auditor of the company.
Healthier Choices Management Corp (OTCMKTS: HCMC) stock trades at $0.0012 (down 7.69%) on June 17, 2021.