What industry do iPod and ipof target?
IPOC. Social Capital Hedosophia Holdings III is a blank check company, incorporated as a Cayman Islands exempted company for the purpose of …
What is social capital hedosophia Holdings Corp II's (IPOB) stock price?
Dec 28, 2020 · Social Capital Hedosophia Hldg Corp III ( IPOC) stock is higher by 64.90% since Friday, June 12, 2020 when IPOC began trading. InvestorsObserver’s proprietary ranking system, gives IPOC stock a score of 29 out of a possible 100. That rank is chiefly influenced by a long-term technical score of 0. IPOC's rank also includes a fundamental score of 0. .
What happened to iPod SPAC stocks?
Dec 21, 2020 · Social Capital Hedosophia Holdings Corp. III stock is being traded on the NYSE under the ticker symbol “IPOC.” To buy IPOC stock, investors can open a stock trading account with registered online...
How much did Palihapitiya’s ipof raise in its IPO?
Jan 06, 2021 · One of Chamath Palihapitiya-backed SPACs merger vote date is Wednesday, Jan. 6.. What Happened: Shareholders of Social Capital Hedosophia Holdings Corp III (NYSE: IPOC) will vote on the merger ...
What to expect from the Social Capital Hedosophia III SPAC
Who owns Social Capital Hedosophia III?
Social Capital Hedosophia Holdings Corp. III is a SPAC. The company was created for the purpose of effecting a share exchange, share purchase, merger, asset acquisition, or similar business combination with one or more businesses.
Social Capital Hedosophia III and dividends
Social Capital Hedosophia Holdings Corp. III was founded in October 2019 by Chamath Palihapitiya and Ian Osborne. The company is headquartered in Palo Alto, Calif.
Is IPOC stock a buy?
Currently, Social Capital Hedosophia Holdings Corp. III doesn’t pay a dividend.
How to buy Social Capital Hedosophia III stock
IPOC stock was up 7.9 percent at $13.03 as of 12:02 p.m. ET on Dec. 21. IPOC stock looks like a buy based on the merger news. The stock can make a new 52-week high this week because Clover Health is a rapidly growing healthcare company. In 2019, Clover Health generated sales of $457 million.
Which companies will IPOD and IPOF merge with?
Social Capital Hedosophia Holdings Corp. III stock is being traded on the NYSE under the ticker symbol “IPOC.” To buy IPOC stock, investors can open a stock trading account with registered online brokers like Robinhood, TD Ameritrade, E-Trade, and Charles Schwab.
Will IPOD or IPOF merge first?
Looking at their regulatory filings, although IPOD and IPOF can target any industry, they intend to focus on the technology sector. That said, the definition of technology has changed over the last few years. Clover Health is a Medicare company that merged with one of Palihapitiya’s SPACs. It's seen as a technology company.
Buying Palihapitiya SPAC stock
Palihapitiya hasn’t followed the convention of announcing the SPAC mergers in the order that they were launched. The merger for IPOE with SoFi was announced before IPOD's merger. IPOD raised $700 million in the IPO, while IPOF is the largest SPAC from Palihapitiya. IPOF raised $1 billion in the IPO.
IPOD is trading at a bigger premium
Palihapitiya’s SPACs have been under pressure after short-seller Hindenburg Research accused Clover Health of hiding facts. IPOD, IPOE, and IPOF are down 11.5 percent, 18.6 percent, and 6.7 percent, respectively, from their 52-week highs. Despite the recent correction, these stocks are up sharply for the year.
Buying IPOD or IPOE SPAC stock
In terms of premium, IPOD SPAC stock is trading 62 percent above its IPO price of $10, while IPOF’s premium over the IPO price is 54 percent. The massive premium that SPACs are commanding, despite announcing a merger target, smells of a bubble.
What stocks does MarketBeat like better than Social Capital Hedosophia Holdings Corp. II?
Investors seem to be paying a higher premium for IPOD over IPOF assuming that IPOD will announce a merger before IPOF. However, that may or may not be the case, which is evident with IPOE. Ultimately, the decision to invest in Palihapitiya’s SPACs would depend on how you view Hindenburg’s allegations against him and Clover Health.
Who are some of Social Capital Hedosophia Holdings Corp. II's key competitors?
Wall Street analysts have given Social Capital Hedosophia Holdings Corp. II a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Social Capital Hedosophia Holdings Corp.
What other stocks do shareholders of Social Capital Hedosophia Holdings Corp. II own?
Some companies that are related to Social Capital Hedosophia Holdings Corp. II include Newmark Group (NMRK), Realogy (RLGY), Marcus & Millichap (MMI), RE/MAX (RMAX), Fathom (FTHM), Supernova Partners Acquisition Company II (SNII), MDJM (MDJH), Novation Companies (NOVC) and Golden Gate Partners (GNGT).#N#View all of IPOB's competitors.
What is Social Capital Hedosophia Holdings Corp. II's stock symbol?
Based on aggregate information from My MarketBeat watchlists, some companies that other Social Capital Hedosophia Holdings Corp. II investors own include Workhorse Group (WKHS), Kensington Capital Acquisition Corp.
What is Social Capital Hedosophia Holdings Corp. II's stock price today?
Social Capital Hedosophia Holdings Corp. II trades on the New York Stock Exchange (NYSE) under the ticker symbol "IPOB."
How much money does Social Capital Hedosophia Holdings Corp. II make?
One share of IPOB stock can currently be purchased for approximately $19.70.
Where are Social Capital Hedosophia Holdings Corp. II's headquarters?
Social Capital Hedosophia Holdings Corp. II has a market capitalization of $1.02 billion.