Why is GSAH SPAC stock falling?
GSAH stock has risen by 10 percent since its IPO. Currently, it's down 34 percent from its all-time high, which it hit on Feb. 19.
When will GSAH merge?
GSAH, which hasn't found a merger target yet, is Goldman Sachs's second blank-check company. The investment bank’s first SPAC acquired data-center solutions provider Vertiv Holdings (VRT) in Feb. 2020. VRT has returned about 82 percent over the last year.
What companies could GSAH merge with?
The GSAH SPAC is still looking for a merger target. The blank-check company has said that it’s looking to invest in the diversified industrial, technology, media, healthcare, or alternative asset management sectors.
GSAH stock looks attractive
Given Goldman Sachs’s track record, the fall in GSAH stock could be a good buying opportunity. The correction has brought valuations of top SPACs more in line with their future prospects. However, the GSAH SPAC stock is a speculative play until a merger is closed.
Which are the best SPACs to buy?
The recent volatility in SPACs is offering great buying opportunities for investors. CCIV and Social Capital Hedosophia V ( IPOE) look like the two best SPAC stocks to buy now after the crash. CCIV and IPOE have fallen 62 and 38 percent, respectively, from their 52-week highs of $64.86 and $28.26.
Pershing Square Tontine Holdings, Ltd. Releases Excerpt from Pershing Square Holdings, Ltd. Report
NEW YORK, August 24, 2021--Pershing Square Tontine Holdings, Ltd. (NYSE:PSTH) today released the following excerpt from CEO Bill Ackman’s letter to shareholders contained in the 2021 Pershing Square Holdings, Ltd. Semiannual Financial Statements.
NYSE: PSTH Investor Notice: Lawsuit against directors of Pershing Square Tontine Holdings, Ltd. announced by Shareholders Foundation
SAN DIEGO, Aug. 24, 2021 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit was filed by an investor in Pershing Square Tontine Holdings, Ltd. (NYSE: PSTH). Investors, who purchased shares of Pershing Square Tontine Holdings, Ltd.
Pershing Square Holdings, Ltd. Provides Update to Investors
LONDON, August 20, 2021--Regulatory News: Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) today noted that Pershing Square Tontine Holdings, Ltd. (NYSE:PSTH) CEO Bill Ackman issued the following letter.
Pershing Square Tontine Holdings, Ltd. Releases Letter to Shareholders
NEW YORK, August 20, 2021--Pershing Square Tontine Holdings, Ltd. (NYSE:PSTH) CEO Bill Ackman today issued the following letter.
PERSHING SQUARE INVESTOR ALERT: Pershing Square Tontine Holdings, Ltd. Investors Who Have Held PSTH Stock Continuously Encouraged To Contact Kehoe Law Firm, P.C
PHILADELPHIA, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Kehoe Law Firm, P.C. is investigating whether certain officers and/or directors of Pershing Square Tontine Holdings, Ltd. (“Pershing Square” or the “Company”) (NYSE: PSTH) breached their fiduciary duties to Pershing Square and the Company’s shareholders.
Moore Kuehn, PLLC Encourages Investors of Pershing Square Tontine Holdings, Ltd. or PSTH to Contact Law Firm
New York, New York-- (Newsfile Corp. - August 17, 2021) - Moore Kuehn PLLC, a boutique shareholder derivative law firm, handling investor litigation across the northeast and the country, is investigating potential breach of fiduciary duty claims against Pershing Square Tontine Holdings, Ltd. Pershing Square Tontine Holdings, Ltd.
PERSHING SQUARE TONTINE (PSTH) SHAREHOLDER ALERT - Andrews & Springer LLC Is Investigating Pershing Square Tontine Holdings, Ltd. For Potential Breaches of Fiduciary Duty
WILMINGTON, Del., Aug. 16, 2021 (GLOBE NEWSWIRE) -- Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against Pershing Square Tontine Holdings, Ltd. (“Pershing Square Tontine” or the “Company”) (NYSE: PSTH).