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home / news releases / SBE - Switchback Energy up 5% as Kyle Bass discloses big stake


SBE - Switchback Energy up 5% as Kyle Bass discloses big stake

Kyle Bass' Hayman Capital Management discloses a 9.08% stake in Switchback Energy ([[SBE]] +5.5%), a blank-check outfit which two weeks ago agreed to bring EV charging company ChargePoint public via a merger.Bass: "As electric vehicle penetration accelerates, the network effect of the largest charging network will come into play." He notes ChargePoint has 4K commercial customers and 62% of the Fortune 50 using its products.

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Switchback Energy up 5% as Kyle Bass discloses big stake
Stock Information

Company Name: Switchback Energy Acquisition Corp - Class A
Stock Symbol: SBE
Market: NASDAQ

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