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VGAC - Why 23andMe Stock Just Jumped 10%

Shares of 23andMe Holding , the genetic testing and genealogical database company, finalized its merger with special purpose acquisition company (SPAC) stock VG Acquisition (NYSE: VGAC) and began trading as itself on the Nasdaq Stock Market today.

Investors were pretty happy with the result: As of 12:45 p.m. EDT, 23andMe stock is up 9.6% from where its SPAC closed trading last night.

Image source: Getty Images.

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Why 23andMe Stock Just Jumped 10%
Stock Information

Company Name: VG Acquisition Corp. Class A
Stock Symbol: VGAC
Market: NYSE

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