'SoftBank-Backed Better Home & Finance Plunges After De-SPAC' - Reuters News
Portfolio Pulse from Happy Mohamed
Shares of digital mortgage lender Better Home & Finance plunged by approximately 85% to $2.60 as the company is set to debut on the Nasdaq with the ticker 'BETR' after a long-delayed SPAC merger with Aurora Acquisition.
August 24, 2023 | 1:40 pm
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Better Home & Finance's stock price plunged by approximately 85% ahead of its Nasdaq debut following a long-delayed SPAC merger with Aurora Acquisition.
The news directly pertains to Better Home & Finance and its stock price. The significant drop in the stock price is likely due to the long-delayed SPAC merger with Aurora Acquisition, which may have caused uncertainty among investors.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100