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Why Gores Holdings VI Stock Climbed 11.3% Last Month

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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…

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