Gores Guggenheim, Inc. (GGPI)
Pre-market:
| Previous close | 10.22 |
| Open | 10.30 |
| Bid | 0.00 x 2200 |
| Ask | 0.00 x 800 |
| Day's range | 10.08 - 10.30 |
| 52-week range | 9.70 - 16.41 |
| Volume | |
| Avg. volume | 2,893,332 |
| Market cap | 1.013B |
| 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 |
- Motley Fool
Is Gores Guggenheim a Buy?
Special purpose acquisition companies, or SPACs, were hot commodities last year, raising over $160 billion in 2021 -- twice as much as the year before -- with hundreds more of them waiting in the wings today. Gores Guggenheim (NASDAQ: GGPI), which plans to take Swedish luxury electric vehicle (EV) maker Polestar public, has been one of those SPACs on a roller coaster ride. The SPAC expects to complete the merger with Polestar sometime over the next few months, and with Gores Guggenheim's stock rising in recent weeks after Polestar announced a series of high-profile deals (Hertz just agreed to purchase 65,000 of its EVs over five years), now is a good time to ask whether the SPAC is a buy.
- Yahoo Finance Video
Polestar CEO details new concept vehicle and the 'electric age' of sports cars
Polestar CEO Thomas Ingenlath sits down with Yahoo Finance Live to discuss the automotive manufacturer's latest 02 Roadster EV, incorporating drone technology, and partnerships and IPO prospects to expand EV product lines.
- Motley Fool
Why Gores Guggenheim Stock Sank 11% in January
Shares of Gores Guggenheim (NASDAQ: GGPI) tumbled another 11.2% in January, according to data from S&P Global Market Intelligence, following a 13% decline in December. The special purpose acquisition company (SPAC) plans to take electric vehicle (EV) maker Polestar public in a reverse merger. Polestar is a luxury EV maker based in Sweden (its cars are built in China) whose Polestar 1 starts at $155,000.
