Why Northern Genesis Acquisition Stock Soared 43.1% in January

Shares of Northern Genesis Acquisition (NYSE: NGA) rose 43.1% in January according to data from S&P Global Market Intelligence. The special purpose acquisition company (SPAC) gained ground following news that its pending electric vehicle (EV) buyout target was also being eyed for investment by Amazon

NGA data by YCharts

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Source Fool.com