Self-driving truck startup Embark says it may go bust, shares plunge 33%


Autonomous Trucks

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Shares of autonomous-truck startup Embark Technology Inc. sank Monday after the company announced deep layoffs and said it may go out of business. Embark shares EMBK, -4.30% plunged 33%, and have fallen 97% over the past 12 months, closing Monday’s regular session at $2.56 after trading as high as $134 last April.