Tuesday, September 29, 2020

Of all the EV startups, why is Ather Energy#39;s valuation down?

Of all the EV startups, why is Ather Energy#39;s valuation down? Fresh round of fund-raisings by startup automobile companies, backed by big brands, indicate a surge in their valuations though profitability remains a distant possibility. HereĆ¢€™s a look at such companies.

from Moneycontrol Business News https://ift.tt/36vT47V

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...