11.12 -0.06 (-0.54%)
After hours: 4:53PM EST
Previous close | 12.29 |
Open | 11.66 |
Bid | 11.18 x 3200 |
Ask | 11.26 x 1300 |
Day's range | 11.10 - 12.25 |
52-week range | 10.15 - 17.81 |
Volume | 4,346,263 |
Avg. volume | 5,603,140 |
Market cap | 1.607B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Special purpose acquisition companies, or SPACs, are a clear stock market trend as 2021 gets underway. Over 200 of these so-called blank check companies went public last year, with more being added to the investable universe every week.
Chamath Palihapitiya's Social Capital has already created several special purpose acquisition companies (SPACs), including the latest -- Social Capital Hedosophia Holdings Corp. VI (NYSE: IPOF). In this Motley Fool Live video recorded on Nov. 16, 2020, Tom Gardner, co-founder and CEO of The Motley Fool, talks with Palihapitiya about his vision of the future for Social Capital and what new SPACs could be coming.
If you realize what a pre-deal SPAC investment is, today's move shouldn't be too surprising.