Its stock is trading in the single digits after giddy investors bid it above $50. Production is still a year away. But Hyliion Holdings CEO Thomas Healy sees reasons for optimism around the company’s natural gas-electric hybrid system for Class 8 trucks.
Hyliion (NYSE: HYLN) went public just months after Nikola Corp. (NASDAQ: NKLA), which became the first high-profile reverse merger of 2020. Retail investors bid up Nikola shares on potential over profits. Though it never reached Nikola’s $93.99...
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