Author: Vitaliy Dadalyan

SPAQ Is an Interesting Play in a Red-Hot EV Market

Well, there is never a “bad time” to go public. Fisker, though, took a different route through a reverse merger with Apollo Global Management-affiliated Spartan Energy Acquisition Corp. (NYSE:SPAQ), bringing another EV player into the market. SPAQ stock spiked as a result of the announcement. And although it has cooled down somewhat, shares are still up almost 36% over the past six months. Source: Shutterstock The SPAQ/Fisker deal will yield more than $1 billion of gross proceeds that the newly minted enterprise will use to bankroll the development of the all-electric Fisker Ocean through the start of production in 2022. If all goes according to plan, the company will start generating some serious dough from 2023 onward. Overall, considering the red-hot state of the EV sector, SPAQ is an exciting spec play that is worth your time.InvestorPlace - Stock Market News, Stock Advice & Trading Tips SPAQ Stock Has a Lot Going for It Although there...

Don’t Count Out Inovio Pharmaceuticals Stock Just Yet

The first time that I wrote about  Inovio Pharmaceuticals (NASDAQ:INO) in Jan. 2020, it traded at just $4.86 per share .INO stock subsequently soared to $27 in July. Source: Ascannio / Shutterstock.com Afterwards,  I said that INO stock could rise to $30, which never happened. Instead, the stock flopped, and I weighed in again, warning investors to avoid the shares.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Recently, Inovio reported a higher-than-expected quarterly loss of 83 cents, and there have been more questions than answers about its INO-4800 vaccine. Things got even worse for INO stock after the FDA halted the company’s clinical trials due to the agency’s questions about its vaccine technology. But I believe that Inovio is a “blood-in-the-street” opportunity that’s facing a temporary hurdle. From its current price of $11.63, I believe that it could refill its gap at $16.96 in the near-term. The FDA’s Halt Is Only Temporary Before the halt, Inovio...