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NASDAQ:HCAC

19.49
0.00 (0.00%) 1d
0
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BUY
The e-car stocks are too speculative now, too high. Canoo will go public via a reverse merger with HCAC. After this deal, HCAC will take the Canoo name and trade under that name. Some things set Canoo apart from the hyped ecar stocks. For one, they have received less buzz. HCAC was trading at $10, then announced the Canoo deal in September, so the stock popped to $13. It's bounced between $10-13 a few times since then. What really sets them apart is that they take a plu-and-play "skateboard" approach to designing EVs--vehicles without a roof. The advantage is that they can produce a model in 18-24 months, instead of 4-5 years, and much cheaper. Their vehicles should hit the market by 2022. Instead of a lease, these will roll out in a subscription model. Canoo already partners with Hyundai to develop an all-electric platform based on the skateboard. Canoo plans to outsource its manufacturing
Capital Pool Company
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Hennessy Capital Acquisition (HCAC-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Hennessy Capital Acquisition is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Hennessy Capital Acquisition (HCAC-Q) Frequently Asked Questions

What is Hennessy Capital Acquisition stock symbol?

Hennessy Capital Acquisition is a American stock, trading under the symbol HCAC-Q on the NASDAQ (HCAC). It is usually referred to as NASDAQ:HCAC or HCAC-Q

Is Hennessy Capital Acquisition a buy or a sell?

In the last year, 1 stock analyst published opinions about HCAC-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Hennessy Capital Acquisition .

Is Hennessy Capital Acquisition a good investment or a top pick?

Hennessy Capital Acquisition was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Hennessy Capital Acquisition .

Why is Hennessy Capital Acquisition stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Hennessy Capital Acquisition worth watching?

1 stock analyst on Stockchase covered Hennessy Capital Acquisition In the last year. It is a trending stock that is worth watching.

What is Hennessy Capital Acquisition stock price?

On 2020-12-21, Hennessy Capital Acquisition (HCAC-Q) stock closed at a price of $19.49.