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Trading Ideas

Romeo Power Stock – Top Pick for the Electric Vehicle Boom?

Romeo Power stock went public in December 2020 through a SPAC merger with investment firm RMG Acquisition. The move allows Romeo Power to cost-effectively raise funds to promote future growth through new partnerships, investments, and R&D.
Romeo Power Inc. (NYSE: RMO) is a Los Angeles-based startup company who’s leading towards a sustainable future. The company works primarily by providing electric battery solutions for commercial vehicles. The electric solutions manufacturer was founded in 2016 and has been busy expanding its reach ever since.
Currently, Romeo Power stock is down over 50% since the company went public last December. Several important events have led …read more […]

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Trading Ideas

What are the Different Types of Investors?

Investing makes the financial world go ‘round. And while every investor has the same objective, the different types of investors have their own approach. At the most basic level, an investor is a person or entity who allocates capital with the expectation of receiving future financial returns. But beyond that, it’s important to consider the circumstances of every investor’s position.
Are you an individual using investments to generate wealth for retirement? An institution focused on debt investing through lending products? A venture capitalist looking for a long-term stake in a business’ growth prospects? Opportunities for investing are endless, but how …read more […]