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Why Star Peak Energy Transition Stock Fell 22.2% in March

TheMotleyFool

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Why Star Peak Energy Transition Stock Fell 22.2% in March

Shares of Star Peak Energy Transition (NYSE: STPK) dipped 22.2% in March, according to data from S&P Global Market Intelligence. The special purpose acquisition company (SPAC) had posted huge gains following the announcement of its upcoming merger with energy storage specialist Stem, but its stock lost ground amid a widespread sell-off for growth-dependent technology stocks.