General Motors confirmed on Monday it will offer a third electric full-size pickup truck. This follows the GMC Hummer EV which is set to begin deliveries later this year. The electric pickups are part GM's plan to release 30 new electric vehicles by 2025 after investing $27 billion in EVs and autonomous vehicles.
Dole PLC is coming to Wall Street. The food company will offer 26 million shares priced somewhere between $20 to $23 each in its upcoming IPO, looking to secure a $2.1 billion valuation. Dole will list on the New York stock exchange under the ticker "Dole." Earlier this year, total produce PLC and Dole food company merged to create the new company, Dole PLC.
Cruise stocks are cruising for a bruising on the stock market. It comes as reopening stocks are sinking following concerns with the spread of the delta variant. Shares are also down after the U.S. Court of Appeals reversed a ruling that sided with Florida in challenging the CDC's ability to place restrictions on the industry. Shares of Carnival Cruises fell 5.7% closing just under $20. Royal Caribbean fell nearly 4% closing around $69 a share and Norwegian cruise line fell 5.5% closing under $22.