Northvolt crisis may be make or break for Europe's EV battery ambitions [Yahoo! Finance Canada]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
goldmansachs.com/investor-relations
Company Research
Source: Yahoo! Finance Canada
STOCKHOLM/GDANSK (Reuters) - Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, stirring a debate about whether it needs to do more to attract investment as startups struggle to catch up with Chinese rivals. Europe's biggest hope for an electric vehicle battery champion filed for U.S. Chapter 11 bankruptcy protection on Thursday after talks with investors and creditors including Volkswagen and Goldman Sachs for funding failed. The Swedish company, whose motto is "make oil history", has received more than $10 billion in equity, debt and public financing since its 2016 start-up. Volkswagen and Goldman Sachs each own about one fifth of its shares. Northvolt said on Friday it needed $1.0-$1.2 billion in new funds under the restructuring process, which it hopes will end by the end of March. In recent months, it has shrunk the business and cut jobs in a bid to shore up its finances. But it has struggled to produce
Show less
Read more
Impact Snapshot
Event Time:
GS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GS alerts
High impacting Goldman Sachs Group, Inc. (The) news events
Weekly update
A roundup of the hottest topics
GS
News
- EV battery-maker Northvolt declares bankruptcy, CEO resigns [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Early Revolut investors cash out at least $300mn in share sale [Financial Times (FT.com) (UK)]Financial Times
- Goldman Sachs: Meta Platforms, Inc. (NASDAQ:META) Is A Top AI Growth Investor Stock [Yahoo! Finance]Yahoo! Finance
- Goldman Sachs: QUALCOMM Incorporated (NASDAQ:QCOM) Is A Top AI Growth Investor Stock [Yahoo! Finance]Yahoo! Finance
- This week in Bidenomics: The Republican economy takes off [Yahoo! Finance]Yahoo! Finance
GS
Earnings
- 10/16/24 - Beat
GS
Sec Filings
- 11/22/24 - Form 424B2
- 11/22/24 - Form 424B2
- 11/22/24 - Form 424B2
- GS's page on the SEC website