SPAC stocks are getting huge popularity amid a few deals that are related to tech and electric vehicles. Today traders are witnessing a completely new IPO from Benessere Capital Acquisition with the ticker symbol “BENEU” which will be listed on NASDAQ.
Because of the winter holidays NASDAQ: BENEU isn’t likely to be attractive stock among SPAC firms. To achieve that triumphal status, Benessere Capital Acquisition should interact with EV or tech businesses which can boost the image of any SPAC.
Perhaps, there won’t be a successful IPO for the company this week. On upcoming Monday BENEU might soar due to fresh market players who newly set new plans for 2021. So, the stock should be alright with the current demand for IPO stocks. This situation will not be longer, traders just need to wait for January of 2020.