June 29, 2020 - Tortoise Acquisition Corp. (SHLL) stock is set to hit a record high today after a 33% rally on Friday. Shares of SHLL are gapping up to $27 on Monday, up 10% in pre market trading.
Tortoise Acquisition (SHLL) has been one of the hottest stocks on Wall St. recently after the company announced merger plans with Hyliion. The two companies are expected to merge in September 2020 and form an IPO. The new company will be called Hyliion and trade under the ticker symbol "HYLN."
After the red hot Nikola (NKLA) IPO recently, Hyliion actually has a product and sales and is only trading at 1/5 of valuation of NKLA stock.
See my recent article on Hyliion - https://daytradingstockblog.blogspot.com/2020/06/hyliion-shll-hyln-stock-ipo-next-nikola.html
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