The GGPI stock registered a 3.73% drop today amid speculations that the dip is almost over and the stock might be resuming its bullish trend any time from now.
Despite the current drop, the stock has registered a 713% rise since mid-May this year.
Are you looking for fast-news, hot-tips and market analysis?
Sign-up for the Invezz newsletter, today.
To help stock traders eying the GGPI stock, Invezz has created a brief article on the best places to buy it and what GGPI stock is.
To find out more, please continue reading.
eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.
Skilling is a CFD trading platform that offers instruments from markets around the world (Forex, Commodities, Indices, Stocks). Their proprietary platform has been designed to be both intuitive and user-friendly to ensure that anybody who wants to start trading the world’s markets, can feel confident and secure enough to trade without being apprehensive or intimidated when confronted by numbers, graphs and acronyms.
Register with Skilling instantly
GGPI stock is the stock of Gores Guggenheim Inc. and it trades on NASDAQ under the symbol NASDAQ: GGPI.
The Gores Guggenheim, Inc. is a blank check company; meaning it is a special purpose acquisition company that is sponsored by an affiliate of The Gores Group. Its sole purpose is to effect mergers, capital exchange, assets acquisition, stock purchase, or similar businesses with different companies.
Gores Guggenheim Company focuses on the services industry and consumer products.
If you are looking to invest in the stock dip, then the GGPI stock is a good choice given that it has registered a considerable gain between May and November before the current retracement.
The current GGPI stock price pullback is believed to be short-lived and the stock price is expected to resume its bullish trend before the end of the month. Investors expect the Gores Guggenheim stock price to reach $14 before the end of the year.
10/10
67% of retail CFD accounts lose money
There is good reason to be afraid. Previous down markets have seen declines in excess…
United Parcel Service, Inc. (NYSE:UPS) and FedEx Corporation (NYSE:FDX) are two robust logistics companies. Both…
Canadian crypto mining firm Bitfarms sold roughly $62 million worth of Bitcoin (BTC) in June,…
Invezz does not provide financial advice. Our aim is to simplify information about investing, enabling…
Noma, a Japanese film studio, has announced that it is producing three feature films that…
Bitcoin (BTC) saw continued strength on June 21 as Wall Street trading opened with a…