GGPI News and Press, Gores Guggenheim Inc. Unit From 05/18/22

Gores Guggenheim is set to merge with Polestar. The transaction is projected to close on 1H22 and a few weeks remain. Polestar is unlike other EV pure-plays and already has meaningful revenues, production, scale, deliveries, and global presence. Polestar’s non-capital-i...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Several SPAC mergers could be abandoned this year, with these three at particular risk. Riley Principal 150 Merger Corp (NASDAQ: BRPM ): FaZe Clan’s poor liquidity and missed targets could make investors dev...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Recently, I went to visit the website of Polestar , the electric vehicle manufacturer that Gores Guggenheim (NASDAQ: GGPI ) stock will take public via a reverse merger. Something didn’t quite look right, which...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The stock performance of Gores Guggenheim (NASDAQ: GGPI ) has been unimpressive since late November 2021. GGPI stock price has tumbled almost 33% from a high of $15.33 in November 2021 to the current levels of $10.29....

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Back down to near its original special purpose acquisition company (SPAC) offering price, you may think now is a good time to buy Gores Guggenheim (NASDAQ: GGPI ). I’ve argued why this SPAC, which is taking el...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The outlook of Gores Guggenheim (NASDAQ: GGPI ) stock has improved markedly since I last wrote about the name in February . Still, given the lackluster reviews of merger partner Polestar’s upcoming electr...

Global electric car sales March 2022 - Up 60% YoY reaching 15% share. China sales up 118% YoY to 26% share. Europe sales were up 10% YoY to 22% share. EV market news - Biden invokes Defense Production Act to boost EV battery production. Electric car sales soar despite ballooning batte...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips If the backdrop of electric vehicle (EV) focused shell company Gores Guggenheim (NASDAQ: GGPI ) only featured soaring gasoline prices with all other factors being normal (as in pre-pandemic normal), then GGPI stock ma...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Special purpose acquisition companies, or SPACs , have cooled from their highs in 2021. However, the electric vehicle (EV) maker Gores Guggenheim’s (NASDAQ: GGPI ) stock may be the diamond in the rough. Shares...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips What’s going on with electric vehicle (EV) stocks like Rivian (NASDAQ: RIVN ), Lucid (NASDAQ: LCID ), Fisker (NYSE: FSR ), Gores Guggenheim (NASDAQ: GGPI ) and Nikola (NASDAQ: NKLA )? Sh...