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Electric Vehicle Tech Is Running Hot, but Will It Soon Burn Out?

November 19, 2021

”‘Short-term valuation of IPOs are almost never justified in the long run. Paying for lottery behavior in stocks can carry a large cost, similar to playing an actual lottery,’ Garrett DeSimone head quant at OptionMetrics told Real Money. ‘Therefore, in the longer term we are likely to see some strong mean reversion (return to reasonable valuation).’”

Read the latest Real Money article, “Electric Vehicle Tech Is Running Hot, but Will It Soon Burn Out?,” featuring insight from OptionMetrics’ Garrett DeSimone.