The price of Sp Plus Corporation stock has been on the rise for the past two days surging from $28.25 to its current price of $30.38.
To help stock traders who want to take advantage of the Sp Plus Corporation stock rally, Invezz has created a brief article on what it is and the best places to buy it.
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SP Plus Corporation is an American provider of parking facility management services. It manages parking facilities and it currently has more than one million parking spaces across the United States and Canada.
The company was rebranded to its current name in December 2013. It was originally known as Standard Parking Corporation.
SP Plus Corporation is publicly listed on NASDAQ where it is traded under the ticker NASDAQ: SP.
If you want to invest in a stock that is on the rise, then the SP stock could be a good choice.
The stock is however very dependent on movement and the rising cases of Covid-19 are a risk in case there is another wave, especially in the US and Canada.
Following the price surge, analysts expect the price of SP stock to rally above $31 by end of next week.
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