Pivotal Acquisition: A SPAC With Significant Upside Over The Next Year [Seeking Alpha]
(PVT)
Company Research
Source: Seeking Alpha
Pivotal Acquisition: A SPAC With Significant Upside Over The Next Year Summary IPO Edge editor in chief John Jannarone is bullish on Pivotal Acquisition, a special purpose acquisition company. PVT recently announced that it will merge with KLDiscovery, a leading data discovery company. Jannarone likes buying PVT at current levels, and sees 25% upside potential over the next year. On Real Vision’s Trade Ideas, IPO Edge editor in chief John Jannarone shared an opportunity in the special purpose acquisition company (SPAC) space. Pivotal Acquisition ( PVT.A PVT.U “These guys are head and shoulders above the competition, in terms of their growth prospects, because they're very, very good at doing acquisitions,” explained Jannarone. The Trade Jannarone is happy to buy Pivotal Acquisition at current levels, as it is trading a little under an 11 times 2019 EBITDA—considerably less than some of its competitors. Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiat
Show less
Read more
Impact Snapshot
Event Time:
PVT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PVT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PVT alerts
High impacting news events
Weekly update
A roundup of the hottest topics