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Gores Guggenheim NasdaqCM:GGPI Stock Report

Last Price

US$11.23

Market Cap

US$1.1b

7D

11.3%

1Y

14.7%

Updated

26 Jun, 2022

Data

Company Financials

Gores Guggenheim, Inc.

NasdaqCM:GGPI Stock Report

Market Cap: US$1.1b

This company is no longer active

The company may no longer be operating, as it may be out of business. Find out why through their latest events.

GGPI Stock Overview

As of June 23, 2022, Gores Guggenheim, Inc. More details

GGPI fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

Gores Guggenheim, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Gores Guggenheim
Historical stock prices
Current Share PriceUS$11.23
52 Week HighUS$16.41
52 Week LowUS$8.53
Beta0
11 Month Change9.78%
3 Month Change-2.52%
1 Year Change14.71%
33 Year Changen/a
5 Year Changen/a
Change since IPOn/a

Recent News & Updates

Is Gores Guggenheim A Buy Ahead Of Its Merger With Polestar?

Jun 21

Gores Guggenheim-Polestar: A Promising EV Player

May 18

Recent updates

Is Gores Guggenheim A Buy Ahead Of Its Merger With Polestar?

Jun 21

Gores Guggenheim-Polestar: A Promising EV Player

May 18

What You Need To Know Ahead Of The Upcoming GGPI-Polestar Merger

Apr 07

Buy GGPI Before The Merger With Polestar

Feb 11

SPAC Series: Gores Guggenheim And Polestar Expected To Accelerate

Dec 02

Gores Guggenheim: Polestar Merger Should Entice EV Bulls

Oct 04

SPAC Series: Bullish On Gores Guggenheim

Jul 21

Shareholder Returns

GGPIUS Capital MarketsUS Market
7D11.3%2.5%1.6%
1Y14.7%55.7%32.3%

Return vs Industry: GGPI exceeded the US Capital Markets industry which returned -17.9% over the past year.

Return vs Market: GGPI exceeded the US Market which returned -18.4% over the past year.

Price Volatility

Is GGPI's price volatile compared to industry and market?
GGPI volatility
GGPI Average Weekly Movement7.8%
Capital Markets Industry Average Movement3.8%
Market Average Movement6.3%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.1%

Stable Share Price: GGPI has not had significant price volatility in the past 3 months.

Volatility Over Time: GGPI's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2020n/an/awww.gores.com/portfolio/gores-guggenheim-inc-2

As of June 23, 2022, Gores Guggenheim, Inc. was acquired by Polestar Performance AB, in a reverse merger transaction. Gores Guggenheim, Inc. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Gores Guggenheim, Inc. Fundamentals Summary

How do Gores Guggenheim's earnings and revenue compare to its market cap?
GGPI fundamental statistics
Market capUS$1.12b
Earnings (TTM)-US$65.41m
Revenue (TTM)n/a

0.0x

P/S Ratio

-17.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GGPI income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$65.41m
Earnings-US$65.41m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.65
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio-2.2%

How did GGPI perform over the long term?

See historical performance and comparison