Home - News - Autonomous trucking software company Embark lost ~98% of its market value, or ~$5B, since going public a year ago via a SPAC merger, amid a sector-wide downturn (Joanna Glasner/Crunchbase News)
NewsTechnology

Autonomous trucking software company Embark lost ~98% of its market value, or ~$5B, since going public a year ago via a SPAC merger, amid a sector-wide downturn (Joanna Glasner/Crunchbase News)

December 4, 2022
0



Joanna Glasner / Crunchbase News:

Autonomous trucking software company Embark lost ~98% of its market value, or ~$5B, since going public a year ago via a SPAC merger, amid a sector-wide downturn  —  Out of all the beaten-down public companies in the autonomous driving space, Embark Technology stands out as a conspicuously terrible stock market performer.




Source link

Flying drone with camera
See also  Biden student loan relief program blocked again: CBS News Flash Nov. 11, 2022

Thank you for reading this post, don't forget to subscribe!

Related Articles
We will be happy to hear your thoughts

Leave a reply

Contact us
Privacy Policy
About us
Disclaimer
 
financetin
Logo
%d bloggers like this: