Autonomous trucking program firm Embark misplaced ~98% of its current market benefit, or ~$5B, since heading general public a calendar year ago through a SPAC merger, amid a sector-huge downturn (Joanna Glasner/Crunchbase News)


Joanna Glasner / Crunchbase News:

Autonomous trucking software firm Embark lost ~98% of its market worth, or ~$5B, considering that heading general public a year in the past by way of a SPAC merger, amid a sector-wide downturn  —  Out of all the beaten-down general public firms in the autonomous driving space, Embark Technology stands out as a conspicuously awful stock industry performer.