VGAC Stock: Everything You Need to Know About Richard Branson, 23andMe and This Week’s SPAC Merger – InvestorPlace

Special purpose acquisition companies (SPACs) have been the talk of Wall Street for more than a year now. And although 2020 was deemed the year of the SPAC, 2021 also has welcomed a few of their own. That said, business mogul Richard Branson and 23andMe are getting in on the action.

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What do these two have going on, and why should investors care?

Lets dive in and take a closer look at the latest SPAC move featuring Richard Branson and 23andMe.

Shares of VGAC stock rose nearly 10% the day of the announcement but are down about 4.7% as of Tuesday afternoon.

On the date of publication, Nick Clarkson did not have (either directly or indirectly) any positions in the securities mentioned in this article.

Nick Clarkson is a web editor at InvestorPlace.

Article printed from InvestorPlace Media, https://investorplace.com/2021/06/vgac-stock-everything-you-need-to-know-about-richard-branson-23andme-and-this-weeks-spac-merger/.

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VGAC Stock: Everything You Need to Know About Richard Branson, 23andMe and This Week's SPAC Merger - InvestorPlace