sprt stock price after merger

40 of GREE is the equivalent of 46 SPRT stock prior to merger thats 60 down right off the bat. The stock has lost more than 40 since shareholders approved the merger on Friday.

What Happened To Support Com Sprt Stock Greenidge Merger Details

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. Assuming GREESPRT having a market cap of 25B SPRT will get 8 of that meaning 200M current market cap is 97M. GREE stock is up much higher which means SPRT shareholders may have just multiplied their base-worth. SPRT Stocks Pending Merger.

Subsequent premarket fluctuations saw the stock dip by 199 bringing it down to USD1872. The cash portion of this merger will value Greenidge at 11 billion and the shares portion to be valued at 860 million. September 13 th 2021 saw SPRT stock announce details about its pending merger transaction.

SPRT shares are trading lower after stockholders approved the merger with Greenidge Generation Holdings Inc. The technology company reported 001 earnings per share EPS for the quarter. After the merger closes and the 0124 exchange ratio kicks in the new stock price will be 761012388 or.

In fact at 90000 for Bitcoin the 445 million in EBITDA at 30 times gives it a value. SPRT last traded closer to 12 per share. Even after its recent.

This brought the price per share down to USD1910 at the end of the trading day. Investors are using this data to compare Greenidges value to. That means MARA stock is still worth 6720 or 64.

Near the end of August SPRT stock prices increased by over 400 percent in just a week which prompted talk of the company becoming a meme stock It remains to be seen how the merger with. Another way to say this is that SPRT stock is now worth 53 more or 761 per share. Or 64 higher than todays price.

Based on those costs and current prices thats a net of 644 million more than SPRTs gross revenue in 2019 and. InvestorPlace - Stock Market News Stock Advice Trading Tips. September 16 2021 at 741 pm.

Trading volume exploded to 2826 million shares which marked a. On the Signing Date the last trading day prior to the date of the public announcement of the execution of the Merger Agreement the closing sale price per share of Support common stock was 214. The leader in customer and technical support solutions.

NASDAQSPRT announced its quarterly earnings results on Wednesday August 9th. The price reached as high as approximately 5971 the first time it has been that high since January 2 2001 which was not even six months after the stock was first listed. Price target 85 after merger no short squeeze no hype.

GREE is trading in the mid 40s. Over the past year it mined 1186 BTC bitcoin at an average price of 2869. In fact it seems that SPRT stock is surging on news of a merger with a cryptocurrency mining company.

The technology company had revenue of 1451 million for the quarter. Its down more than 65 from its high of the year but still up more than 400 year to date. In other words SPRT stock is worth 1778 more than 22 or 2591 per share or post-merger at 22210.

On __ 2021 the last practicable date prior to the date of the proxy statementprospectus the closing sale price per share of Support common stock was __.

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