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Switchback Energy Ac (SBE)

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srm4u Member Level  Saturday, 11/21/20 01:51:16 PM
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Switchback Energy Ac (SBE)

Weekly Surging SPAC Stock In Focus: Switchback Energy Acquisition (NYSE: SBE)
November 20, 2020 Jack Dawkins sbe, spac
Mining and energy stocks have suddenly been rising since SPAC companies turned their attention to lithium and EV charging investments. Actually, big brains are sitting on companies like Kensington, Hylion, Pivotal, Tortoise, and Spartan Energy. Along with those organizations, Switchback Energy Acquisition (SBE) is making its way to developing energy-based innovative firms.

Why are investors so deeply concerned with SPAC stocks when the question arises regarding EV and energy industries? Billions are flowing to new projects of Fisker, Tesla, SPI Energy, Hylion, and many more from SPAC as they deeply believe in the bright future of renewable energy and electric vehicles. Thus, multi-billion acquisition and merger firms are pushing their stocks to soar even without positive news from their media.

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