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home / news releases / STPK - Why Shares of Star Peak Energy Transition Soared Today


STPK - Why Shares of Star Peak Energy Transition Soared Today

Shares of special purpose acquisition company (SPAC) Star Peak Energy Transition (NYSE: STPK) rocketed up today after the company revealed its investment target. Shares are up more than 45% as of noon EST.

Star Peak said it will combine with Stem, a smart energy storage company, to create a new public company that will be listed on the New York Stock Exchange under the new symbol STEM.

Stem uses artificial intelligence (AI) to optimize clean energy assets and supplies its customers with digitally connected storage networks.

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Why Shares of Star Peak Energy Transition Soared Today
Stock Information

Company Name: Star Peak Energy Transition Corp. Class A
Stock Symbol: STPK
Market: NYSE

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