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 victor...
Source: investorplace.com