|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||21.02 - 21.22|
|52-week range||16.77 - 26.98|
|Beta (5Y monthly)||1.58|
|PE ratio (TTM)||5.76|
|Forward dividend & yield||0.40 (1.96%)|
|Ex-dividend date||03 Jan 2022|
|1y target est||N/A|
Luxury carmaker Mercedes-Benz plans to start assembling the electric version of its flagship S-Class sedan, the EQS, in India, the head of the company's local unit said, part of a broader strategy to electrify its portfolio in the country. Mercedes will be the first global luxury carmaker to assemble electric vehicles (EVs) in India and it expects to start selling the EQS there in the fourth quarter of this year, Martin Schwenk said on Wednesday. It will set the standard for EVs in India.
The San Francisco-based company confidentially filed for an initial public offering in August last year. Turo's plans to launch its IPO roadshow comes amid a surge in COVID-19 cases due to the Omicron variant that has forced some companies to delay stock market flotations, while the prospect of near-term rate hikes from the Federal Reserve has resulted in a sell-off in technology stocks in recent days. Turo's platform allows car owners in 5,500 cities across the United States, Canada and the United Kingdom to rent out their vehicles.