Lotus Technology Stock Plunges Even Though Its Cars Are Legit. We Drove One. [MarketWatch]
L Catterton Asia Acquisition Corp - Units (LCAAU)
Company Research
Source: MarketWatch
Want to see it on more articles? Give your feedback below or email product@barrons.com thumb-stroke-medium thumb-stroke-medium The Lotus Eletre S is another electric luxury car with a powerful engine. Courtesy of Lotus It's official. Lotus Technology is a publicly traded electric vehicle maker, as well as a serious competitor in the high end of the market. Lotus knows how to make cars. Barron's got behind the wheel of one. Lotus and the special purpose acquisition company L Catterton Asia Acquisition completed their merger Thursday . which means the L Catterton stock symbol “LCAA” became “LOT” on Friday. The merged company's name is now Lotus Technology. Advertisement Shares were down about 13% in early trading Friday at $11.70 apiece, but investors should brace for even more volatility. SPAC-related stocks can move a lot when mergers wrap up. Shares of VinFast Auto rose from roughly $10 to more than $90 in August after it closed its own SPAC merger. VinFast shar
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LCAAU
Sec Filings
- 2/22/24 - Form 8-K
- 2/22/24 - Form 25-NSE
- 2/20/24 - Form 425
- LCAAU's page on the SEC website