Why Gores Holdings VI Stock Climbed 11.3% Last Month
What happened
Shares of Gores Holdings VI (NASDAQ:GHVI) gained 11.3% in May, according to data from S&P Global Market Intelligence. Despite sell-offs for many special purpose acquisition company (SPAC) stocks last month, the Gores Group acquisition vehicle managed to post double-digit gains in the period.
GHVI data by YCharts
There doesn’t appear to have been any big company-specific news powering Gores Holdings VI’s gains last month, but the stock may have gained ground because of mounting excitement…
