Ford Motor Co
Stocks rose nearly 9% on Thursday, nearing their highest level in three years and the pace for their largest percentage increase by a day since Jan. June Stock is up for three consecutive sessions, up 23% over the reporting period. Ford stock was boosted earlier this week by a Deutsche Bank hike and a $ 265 billion investment round for electric truck maker Rivian, owned by Ford and others will be supported The analysts of the Deutsche Bank on Wednesday raised their target for the Ford share from 9 to 11 US dollar and maintained the rating for the share. The analysts expect a “strong volume growth in the year 2021” for the auto industry due to “easier” “Compare with 2020, low stocks and” COVID-19-induced demand for comfort, privacy and protection “as well as a democratic US. Congress, which “could also lead to upward demand from high federal spending on infrastructure and vehicle electrification,” they said Ford stock is up 27% over the past two years, while the S&P 500 index is up 16%

Shares in Obalon Therapeutics Inc undefined was up six-fold on Wednesday afternoon due to massive volume after weight loss technology company signed an agreement to merge with weight loss solutions company ReShape Lifesciences Inc undefined Obalon’s shares rose 5034% towards the highest closing price since JUne 2019, while trading volume rose to 3954 million shares, compared to the daily average of around 626000 shares The stock was the biggest winner and most active on Major U.S. Wednesday exchange ReShape shares, currently traded over the counter, rose 155%. Upon completion of the merger, ReShape shareholders will own 51% of the combined company and the company will become Reshape Lifesciences Inc Renamed and traded on the Nasdaq under the ticker symbol “RSLS” “We are excited to have this opportunity to add Obalon’s FDA-approved balloon system to ReShape’s line of minimally invasive weight loss solutions while expanding our market reach,” said Bart Bandy, Chief Executive of ReShape Obalon’s shares are now up 9225% over the past three months, while ReShape shares are up 1873% and the S&P 500 undefined is up 120%

Ford share

World news – CA – Ford shares hit a three-year high