|Bid||10.42 x 1800|
|Ask||10.47 x 1000|
|Day's range||10.41 - 10.58|
|52-week range||9.76 - 34.28|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Shares of TPG Pace Beneficial Finance (NYSE: TPGY) dropped Tuesday morning after the special purpose acquisition company (SPAC) provided investors with its quarterly financial update. As of 11 a.m. EDT today, TPG shares were down 12.2%. Investors reacted to a filing from the company that brought into question whether its previously announced merger with electric vehicle (EV) charging network company EVBox would still go through.
Patrick Dehaan of Gasbuddy joins us to discuss what the future holds for gas stations as the country, and the globe, push forward towards with EVs.
TPG Pace Beneficial Finance Corp. (NYSE: TPGY.U, TPGY, TPGY WS) ("TPG Pace"), a publicly traded special purpose acquisition company that is focused on high-growth companies with strong environmental, social and governance principles, today announced the confidential submission with the Securities and Exchange Commission ("SEC") of a draft registration statement on Form F-4 (the "Registration Statement") relating to its previously announced business combination with ENGIE New Business S.A.S. ("Engie Seller") pursuant to which TPG Pace expects to acquire Engie Seller’s subsidiary EV Charged B.V. ("EVBox Group").