AGC Stock Fans Squeeze Shares Higher Ahead of the Grab SPAC Merger_老虎社区_美港股上老虎

AGC Stock Fans Squeeze Shares Higher Ahead of the Grab SPAC Merger

InvestorPlace2021-11-10

Today, one of the big rumors in the SPAC (special purpose acquisition company) world involves high-profile Altimeter Growth(NASDAQ:AGC). Currently, AGC stock is up more than 20% on over 10 times the ...

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KLS
·2021-11-10
Buy
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- iHuat:
  Looking For it to soar
  2021-11-10
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- BossBoss:
  😇
  2021-11-10
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windspring
·2021-11-10
Wow
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- windspring:
  wow wow
  2021-12-02
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- Starz:
  [Surprised]
  2021-12-02
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- Trader0505:
  Ok
  2021-11-10
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Currently, AGC stock is up more than 20% on over 10 times the ...</p>\n\n<a href=\"https://investorplace.com/2021/11/agc-stock-fans-squeeze-shares-higher-ahead-of-the-grab-spac-merger/\">网页链接</a>\n\n</div>\n","source":"lsy1606302653667","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AGC Stock Fans Squeeze Shares Higher Ahead of the Grab SPAC Merger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAGC Stock Fans Squeeze Shares Higher Ahead of the Grab SPAC Merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 14:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/11/agc-stock-fans-squeeze-shares-higher-ahead-of-the-grab-spac-merger/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Today, one of the big rumors in the SPAC (special purpose acquisition company) world involves high-profile Altimeter Growth(NASDAQ:AGC). Currently, AGC stock is up more than 20% on over 10 times the ...</p>\n\n<a href=\"https://investorplace.com/2021/11/agc-stock-fans-squeeze-shares-higher-ahead-of-the-grab-spac-merger/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://investorplace.com/2021/11/agc-stock-fans-squeeze-shares-higher-ahead-of-the-grab-spac-merger/","article_id":"1111124986","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1111124986","pubTimestamp":1636526610,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Today, one of the big rumors in the SPAC (special purpose acquisition company) world involves high-p","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Grab SPAC合并前，AGC股票粉丝压低股价","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AGC":0.9},"content_text":"Today, one of the big rumors in the SPAC (special purpose acquisition company) world involves high-profile Altimeter Growth(NASDAQ:AGC). Currently, AGC stock is up more than 20% on over 10 times the average daily volume of shares.\nIndeed, Altimeter Growth is a SPAC that has recently received a lot of attention. Since early October, shares of AGC stock have gone from around $10 per share to as high as $16.64 today. Sure, AGC stock has sold off somewhat from today’s highs. However, this is a company that many aggressive investors are pointing to as a potential squeeze play.\nWhy?\nWell, there’s all that excitement that’s still permeating the SPAC world from the initial public offering (IPO) of the Truth Social platform with Digital World Acquisitions(NASDAQ:DWAC). The SPAC’s connections to former President Donald Trump certainly caused quite a bit of buzz. This sentiment, combined with a risk-on attitude in the markets of late, has led many investors to seek out SPACs once again.\nAccordingly, it’s perhaps unsurprising to see AGC stock soar today, given a company-specific catalyst investors are watching. Let’s dive into what’s driving shares of this SPAC higher today.\nAGC Stock Soars on Rumors of SPAC Merger Approval\nGiven the retail investor interest in the SPAC world, investors tend to look toward social media to see where the sentiment gauge is pointing. Today, that sentiment gauge appears to be pointed solely in a bullish direction.\nMuch of the commentary on Twitter appears to be surrounding the potential for an approval to be announced regarding Altimeter’s pending SPAC merger with Grab. As many investors already know, this merger has been delayed. This summer, a Securities and Exchange Commission (SEC) probe into a financial audit of Grab’s statements over the past three years was the reason for the delay.\nWith little in the way of meaningful updates on this front, investors have been left to speculate. And speculate they have.\nCurrently, shares of AGC stock are pricing in some sort of news in the near term. Whether the market is getting this one right or not remains to be seen. However, there’s usually something to the power of the markets. Perhaps the masses know something we don’t.\nThat said, the price discovery process can be a volatile one. This goes double for SPACs. 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