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SBE Stock: Before ChargePoint Merger, Invest in Switchback Energy


December 10, 2020
Switchback Energy (NYSE:
SBE) is a special purpose acquisition company (SPAC), a “blank check” shell corporation designed to take companies public without going through the traditional IPO process. SBE stock has almost tripled since announcing its merger with
ChargePoint, which has the largest electric-vehicle charging network in North America and Europe.
Source: Michael Vi / Shutterstock.com
SPACs are quickly becoming the go-to method for taking advantage of the renewable energy market, which is all set to surge after President-elect Joe Biden’s victory in the U.S. election.
In a low-interest-rate environment and with high valuations on other stocks, SPACs become a sensible place to invest your capital. SPACs have raised more than $60 billion this year more than in the previous 10 years combined for companies that wanted to avoid the hassles that go along with a traditional IPO. ....

United States , Joe Biden , York Stock Exchange , Switchback Energy , Chargepoint Holdings , Chargepoint Open Network , New York Stock Exchange , Bloomberg New Energy , North America , President Elect Joe Biden , Bloomberg New Energy Finance , Open Network , Chargepoint Home Flex , Home Flex , ஒன்றுபட்டது மாநிலங்களில் , ஓஹோ பிடென் , யார்க் ஸ்டாக் பரிமாற்றம் , சுவிட்ச்பேக் ஆற்றல் , சார்ஜ் பாயிண்ட் ஹோல்டிங்ஸ் , சார்ஜ் பாயிண்ட் திறந்த வலைப்பின்னல் , புதியது யார்க் ஸ்டாக் பரிமாற்றம் , ப்ளூம்பெர்க் புதியது ஆற்றல் , வடக்கு அமெரிக்கா , ப்ரெஸிடெஂட் தேர்ந்தெடுக்கப்பட்டவர்கள் ஓஹோ பிடென் , ப்ளூம்பெர்க் புதியது ஆற்றல் நிதி , திறந்த வலைப்பின்னல் ,