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However, trading at around $29 per share, you should wait for SBE stock to come back a bit. It’s already begun to do so, dropping down from the $35 range.
The deal between Switchback and ChargePoint may collapse at any time, sending SBE stock back to $10 or lower. Investors who bought the stock at around $16 would instantly lose 66%.
SBE stock is a great play for investors looking to get into the EV market. While the company does not compete directly with the likes of Tesla and Nio, its charging stations will play a huge role ...
On Sept. 24, the day of the merger announcement, SBE stock opened at $12.33. Now the shares are flirting with $45. Put another way,$1,000 invested in the shares back then would be worth more than ...