IPOB News and Press, Social Capital Hedosophia Holdings Corp. II Class A From 10/12/20

Gainers: Marathon Patent Group (MARA) +14%. Lion Group Holding (LGHL) +11%. Social Capital Hedosophia Holdings (IPOB) +10%. AllianceBernstein Holding (AB) +7%.Losers: Manning & Napier (MN) -12%. Oxbridge Re Holdings (OXBR) -11%. Elevate Credit (ELVT) -9%. Brookfield Property REIT (BPYU) -...

If Mr. Palihapitiya, the king of SPACs, can pick a lame candidate for reverse merger, what does that say for the less capably out there? There is just a huge flood of funds out there, you have too many dollars chasing just a few good deals. That means high prices for dumb ideas. A...

Lizhi (LIZI) +46%. as Government picks Lizhi its backed pilot program to bolster local online audiovisual industry.Acorn (ATV) +31% on revised going private transaction for $21/share.LMP Automotive (LMPX) +21%. to acquire 70% interest in New York’s largest franchise...

Redfin is a disruptive company in real estate brokerage. Superior technology and better incentives are key differentiating factors for Redfin. The company is gaining market share over the long term, and management is executing well during the pandemic. Valuation is not too exp...

The stock market was having a strong day on Friday, but not compared with Social Capital Hedosophia Holdings II 's (NYSE: IPOB) . Best known for being the special purpose acquisition company, or SPAC, that plans to take real estate tech company Opendoor public, it was up by 15% as o...

Gainers: Social Capital Hedosophia Holdings (IPOB) +15%. Lemonade (LMND) +11%. Flying Eagle Acquisition (FEAC) +9%. Banco Santander Mexico SA (BSMX) +8%. eXp World Holdings (EXPI) +9%.Losers: Scully Royalty (SRL) -8%. Oxbridge Re Holdings (OXBR) -7%. Heritage Global (HGBL) -5%. Carv...

Opendoor is the leader in the iBuyer industry and aims to disrupt a $1.6 trillion US real estate sales market. While the pandemic put a halt to growth, housing sales activity as of August has surged back to pre-pandemic levels; Opendoor will likely re-accelerate and outperform their p...

IPOB shareholders will own 6.6% of the post-transaction Opendoor company. The often-quoted $4.8B valuation is based on a $10 IPOB share price; at current prices the valuation is significantly hire. On a gross-profit basis, Opendoor is currently valued comparably to some of the mos...

Gainers: Novus Capital (NOVS) +19%. Social Capital Hedosophia Holdings (IPOB) +10%. KE Holdings (BEKE) +8%. Trupanion (TRUP) +7%. Yiren Digital (YRD) +7%.Losers: Oxbridge Re Holdings (OXBR) -28%. Ashford Hospitality Trust (AHT) -13%. OptimumBank Holdings (OPHC) -7%. Ares Commercial Real Estat...

Fresh off of well-received merger announcement with Opendoor, Social Capital's Chamath Palihapitiya has announced 3 new SPACs. The size of these three offerings combined with Palihapitiya's successful track record in the space bodes well for interested investors. Marketing is beco...