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 plunged 33%, and have fallen ...

Shares of Embark closed down 32.8% lower at $2.56 on Monday, giving the firm a market capitalization of $60 million, compared with the over $5 billion in market value when it went public.

The Mission-headquartered Embark is laying off 230 workers and exploring options to shut down the company, the firm announced Friday. SF-based tech boom darling Embark lays off 230, winds down ...