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SPAQ

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1d
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Analysis and statistics

  • Open
    104.8402$
  • Previous Close
    104.8402$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

SPAQ.US was the ticker symbol for a Special Purpose Acquisition Company (SPAC) called Spartan Energy Acquisition Corp. While it traded under that symbol, its purpose was to raise capital through an IPO and then acquire an existing company. Spartan Energy Acquisition Corp. ultimately acquired Canoo, an electric vehicle company, and the ticker symbol subsequently changed from SPAQ to GOEV to reflect the new entity of Canoo. Therefore, SPAQ.US no longer represents an independent ETF but rather the historical SPAC that resulted in Canoo becoming a publicly traded company.
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Factors

**Underlying Asset Performance**: SPAQ.US's price heavily depends on the performance of the stocks it holds, mirroring their collective price movements.

**Supply and Demand**: Higher demand increases SPAQ.US's price, while increased selling pressure lowers it.

**Market Sentiment**: Overall investor optimism or pessimism significantly influences buying and selling decisions, impacting SPAQ.US.

**Interest Rates**: Rising interest rates can make bonds more attractive, potentially drawing investors away from SPAQ.US and lowering its price.

**Economic Conditions**: Strong economic growth typically boosts stock prices within SPAQ.US, leading to a higher ETF price.

**Fund Management and Expenses**: The ETF's expense ratio and how well the fund manager replicates the target index affect investor perception and demand.

**News and Events**: Company-specific news or global events related to SPAQ.US's holdings can trigger price fluctuations.

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