ACTC Will Be Trading as PTRA On TUE
ACTC Current Price 19.01 Price Target $24
Ticker change to come Tuesday from merger with Proterra New ticker will be PTRA. The ticker change should help bring some attention and hopefully volume to this stock.Still love the EV sector as a great long term hold. All EV stocks could rally off of lawmakers in the US coming to an agreement on an infrastructure deal. I think next week we see a bump up due to some increased volume and in the long term ACTC should continue to win more government contracts for EV public transport as they are already the leader in EV public transport. Unlike lots of EV companies Proterra has vehicles on the road and more in manufacturing to meet to immense need of EV public transport. Governments will be the first to make real monetary commitments to EVs, not businesses or consumers!
Ticker change to come Tuesday from merger with Proterra New ticker will be PTRA. The ticker change should help bring some attention and hopefully volume to this stock.Still love the EV sector as a great long term hold. All EV stocks could rally off of lawmakers in the US coming to an agreement on an infrastructure deal. I think next week we see a bump up due to some increased volume and in the long term ACTC should continue to win more government contracts for EV public transport as they are already the leader in EV public transport. Unlike lots of EV companies Proterra has vehicles on the road and more in manufacturing to meet to immense need of EV public transport. Governments will be the first to make real monetary commitments to EVs, not businesses or consumers!
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