|Bid||13.33 x 2900|
|Ask||13.80 x 1400|
|Day's Range||13.31 - 13.97|
|52 Week Range||10.50 - 25.84|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Yesterday was a pretty good day for investors in unproven special purpose acquisition company (SPAC) stocks, which are designed to acquire actual operating companies, then bring them public via reverse-merger IPO. As of 1:50 p.m. EST, shares of Bridgetown Holdings Limited (NASDAQ: BTWN) are down 7.2%, Longview Acquisition Corp. (NYSE: LGVW) has slipped 8.3%, and Tuscan Holdings Corp. (NASDAQ: THCB) is doing worst of all -- down an even 10%. Tuscan Holdings announced in early November plans to combine with and bring public "next-generation battery technologies" company and Fiat-partner Microvast Inc.
Bridgetown led rallying SPACs, and Visa topped the Dow Jones today as stocks edged up with possible stimulus and Brexit deals ahead.
The end of 2020 may be in sight but that isn’t stopping more and more SPAC merger news from coming out. Source: Shutterstock.com More and more special purpose acquisition companies (SPAC) are signing merger deals with private companies that will take them public. 2020 has been a good year for these and that hasn’t changed yet. Just this week there have been five companies announcing plans to go public via a SPAC merger. Let’s take deeper dive into the latest SPAC merger news from InvestorPlace this week.InvestorPlace - Stock Market News, Stock Advice & Trading Tips No. 1: Tokopedia SPAC Merger News SPAC: Bridgetown Holdings (NASDAQ:BTWN) Private Company: Tokopedia Shares of BTWN stock got a boost this week on news of a SPAC merger with Tokopedia. Interested investors can learn more at this link. No. 2: Indie Semiconductor SPAC Merger News SPAC: Thunder Bridge (NASDAQ:THBR) Private Company: Indie Semiconductor The plans here will have Indie Semiconductor joining the Nasdaq Exchange under the INDI stock ticker. You can follow this link for more details. No. 3: Blade SPAC News SPAC: Experience Investment (NASDAQ:EXPC) Private Company: Blade Electric Vertical Take-Off and Landing (eVTOL) transportation company Blade announced plans to go public with Experience Investment help. Investors can learn more about that by checking gout this brief. No. 4: BarkBox SPAC Merger News SPAC: Northern Star Acquisition (NYSE:STIC) Private Company: BarkBox BarkBox, a subscription service offering treats and toys for dog owners, is going public next year via a SPAC merger with Northern Star Acquisition. You can learn more about it here. No. 5: Katapult SPAC Merger News SPAC: FinServ Acquisition (NASDAQ:FSRV) Private Company: Katapult Katapult signed a deal just today that will have it merging with FinServ to join the public market, which is good news for major shareholder Curo Group (NYSE:CURO). Investors that want to know more about the plans can follow this link. Past Weeks’ Top SPAC Merger News Top SPAC Merger News This Week: Canoo, XL Fleet, Microvast and 10 More Hot SPACs Top SPAC Merger News This Week: Innoviz, Arrival, Luminar, View, QuantumScape, Stem and More On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next 1,000% Winner Radical New Battery Could Dismantle Oil Markets The post Top SPAC Merger News This Week: Tokopedia, Indie Semiconductor, Blade and More Hot SPACs appeared first on InvestorPlace.