Vicinity Motor Corp. Announces $1.6 Million Contract For 4 Vicinity (TM) Buses
One of the most important things with regards to investing is that investors who are well informed about the market tend to do better than those who are not. In a different day and age, information was not as easily available for investors, but the growth of the internet and a range of free platforms have changed that forever.
For instance, YouTube has now become one of the more popular platforms among investors and that is primarily due to the presence of a range of channels that are dedicated to the stock market.
One of the more popular channels for investors at this point in time is Rich Tv Live. It produces videos regularly and in a video last week, it looked into a breaking news story with regards to Vicinity Motor Corp. (TSXV:VMC) (OTCQX:BUSXF) (FRA:6LG). It might be a good idea to look into what the Rich Tv analyst had to say about it.
On April 30, Vicinity Motors was in focus among many in the market after the company made a major announcement. Vicinity, which was earlier known as Grande West Transportation Group, announced that it bagged a new purchase order from the Country of Simcoe in the Ontario province in Canada.
The order is for 4 Vicinity buses and works out to order worth $1.6 million. The company is one of the leading suppliers of a variety of buses in the North American region and in recent times, it has also gone into the manufacturing of electric buses.
The company has been covered by Rich Tv Live plenty of times and investors could in fact consider going through the channel’s archives in order to have a much broader idea about the sort of analyses that has been done about the company.
Following the announcement on April 30, it was only natural for the company to be covered by Rich Tv Live. During the course of the video, the analyst provided a glimpse into the journey of the Vicinity stock over the course of the recent weeks. It provides a general idea about the possible trajectory of the stock in the future. At this point, investors could consider adding the stock to their watch lists.
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