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home / news releases / VGAC - VG Acquisition Corp.: 23andMe Could Be A Massive But Risky Winner

VGAC - VG Acquisition Corp.: 23andMe Could Be A Massive But Risky Winner

VG Acquisition Corp. Class A
  • VGAC, the SPAC created by Sir Richard Branson, quickly spiked to over $17.50 prior to announcing the intended merger.
  • Investors appeared to be underwhelmed by 23andMe, sending the SPAC back down to $10, an attractive entry point for long-term investors.
  • 23andMe is the clear winner in DNA testing kits, and its collaboration with GSK gives it a competitive advantage in therapeutic discovery.

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VG Acquisition Corp.: 23andMe Could Be A Massive But Risky Winner
Stock Information
Company Name: VG Acquisition Corp. Class A
Stock Symbol: VGAC
Market: NYSE
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