Advertisement
Australia markets closed
  • ALL ORDS

    8,153.70
    +80.10 (+0.99%)
     
  • ASX 200

    7,896.90
    +77.30 (+0.99%)
     
  • AUD/USD

    0.6525
    +0.0007 (+0.11%)
     
  • OIL

    83.11
    -0.06 (-0.07%)
     
  • GOLD

    2,254.80
    +16.40 (+0.73%)
     
  • Bitcoin AUD

    107,702.18
    -661.79 (-0.61%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • AUD/EUR

    0.6039
    +0.0005 (+0.08%)
     
  • AUD/NZD

    1.0904
    +0.0002 (+0.02%)
     
  • NZX 50

    12,105.29
    +94.63 (+0.79%)
     
  • NASDAQ

    18,254.69
    -26.15 (-0.14%)
     
  • FTSE

    7,952.62
    +20.64 (+0.26%)
     
  • Dow Jones

    39,807.37
    +47.29 (+0.12%)
     
  • DAX

    18,492.49
    +15.40 (+0.08%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • NIKKEI 225

    40,369.44
    +201.37 (+0.50%)
     

Why Nikola, Hyliion, and Romeo Power Stocks Popped Today

Why Nikola, Hyliion, and Romeo Power Stocks Popped Today

Companies in the electric vehicle (EV) sector are back in vogue with investors today, and several tied to the electrification of the commercial truck industry are leading the way. Shares of Nikola (NASDAQ: NKLA), Hyliion Holdings (NYSE: HYLN), and battery company Romeo Power (NYSE: RMO) were up 3.9%, 10.3%, and 9.2%, respectively, as of 3:28 p.m. ET. While today's moves are in line with a more general push into EV stocks by investors, some of the confidence in these names is likely coming from recent progress with the businesses.