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(CLOV), (AMC) - Clover Health Joins Top WallStreetBets Stocks: What s Going On?

Share: Clover Health Investments Corp (NASDAQ: CLOV) has popped up on the list of top trending stocks on r/WallStreetBets, the Reddit forum that conducted a short squeeze in shares of GameStop Corp (NYSE: GME) earlier in the year. What Happened: Shares of the Chamath Palihapitiya-backed health technology company closed 20% higher at $8.82 on Friday and rose another 2.38% in the after-hours trading to $9.03. At press time, around midnight Monday, Clover was trending on the Reddit forum, at the number four spot, just behind Tesla Inc (NASDAQ: TSLA) in the list of WallStreetBets trending tickers as compiled by Swaggystocks.com. Screenshot Of Clover-Centric Discussions On r/WallStreetBets

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Why Bill Gates and Richard Branson see opportunity in SPACs

Why Bill Gates and Richard Branson see opportunity in SPACs By Matt Leibowitz 13 April 2021 Special purpose acquisition companies (SPACs) or “blank cheque companies” have become the ultimate hype beast of Wall Street and can be likened to the annual Yeezy drop of the trading world. Everyone from celebrity billionaires, start-up entrepreneurs and side-hustling digital stock broking users are lining up for their opportunity for the drop of a stock. Some notable big name SPAC investors include Microsoft founder Bill Gates who, even still, notes that high-quality SPACs – especially in the green category where he’s investing heavily can improve their balance sheets via these financial instruments.

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Top public relations pros working on SPACs and IPOs

SPACs, or special purpose acquisition companies, allow companies to go public outside the traditional IPO process. The increase in SPACs and traditional IPOs could be lucrative for the PR industry as target companies, which often don t have their own investors relations division, call on public relations pros to put their business model in the best light. ICR CEO Tom Ryan said that his firm s annual revenue increased by 20% year-over-year to $106 million in 2020 due to its work on SPACs. One of the best known IPO players, ICR advised on more than 50 SPAC deals in 2020, equivalent to about 20% of the total market.

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Virgin Galactic Chairman Sells $213 Million Stake

Virgin Galactic Chairman Sells $213 Million Stake
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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David Einhorn s Top 4 Buys Of The 4th Quarter

David Einhorn s Top 4 Buys Of The 4th Quarter
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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