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Richard Branson's second SPAC is taking Grove Collaborative public. dMY has another feather in its cap as DMYQ changed to PL and surged its first day on the NYSE. Oh, and DWAC surged again, up 28%.
A company backed by British billionaire Sir Richard Branson’s Virgin Group announced a merger with sustainable-consumer-products seller Grove Collaborative Inc. to take it public in a deal valued at $1.5 billion.
Seventh Generation, which was knee-deep in sustainable packaging when it was hardly even a thing, is waiting for their CPG peers to sense the urgency and catch up—now.
Shares of retailers and other consumer companies ticked up amid growing economic confidence. The Labor Department's latest U.S. job openings and labor-turnover survey indicated job openings...
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