The all-time high for QuantumScape was $131.67.
Despite this, no event SPAC / blockbuster SPAC has been able to match the extraordinary performance of the ex-SPAC Phunware. Within a month after the ticker change, PHUN reached an all-time high of $308.40.
https://www.reddit.com/r/SPACs/comments/hh0zpd/super_spac/
https://www.reddit.com/r/SPACs/comments/l8zi08/phunware_a_history_lesson/
The SPAC, Stellar Acquisition III, never had any upward price movement while trading as STLR. Because the de-SPAC process did not have two upward price movements, STLR / PHUN was not an event SPAC / blockbuster SPAC.
Recently, Bitcoin (BTC USD) reached an all-time high in the $50,000s.
Due to its DA with crypto fintech play Bakkt, VIH has had one upward price movement during the six subsequent weeks or less: steady upward price movement to $15 and beyond (Price Movement #3). It has become an event SPAC / blockbuster SPAC candidate.
Even for a pre-merger ramp-up (Price Movement #5), I don't think VIH can reach the extraordinary $308.40.
Still, does this candidate have the potential to reach $300 in an immediate post-merger hype and crash movement (Special Price Movement #6) one month or less after ticker change?
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