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100 stocks inc. Avis, Tripadvisor, Goodyear, AMC Entertainment, Denny’s
There’s a lot to cover under this week’s stocks and shares additions, so let’s dive straight in.
Fashion brands 👠
These famous fashion brands are now available on your Freetrade app:
Mining companies ⛏️
It may seem primitive but digging up stuff from the ground is still big business. Especially if that stuff is shiny and expensive. Here are some of the new mining stocks available on Freetrade.
What exactly is a special purpose acquisition company?
Before we discuss this next batch of stocks, a little explainer.
SPACs are publicly-traded investment vehicles whose goal is to acquire or merge with a company from the proceeds of its own IPO, sometimes called a reverse merger. You can read more about SPACs in our detailed guide.
SPACs are often focused on acquiring a business in a specific industry, like a tech firm or green energy business.
It’s important to remember that, unless it has performed a reverse merger, a SPAC is not like a traditional company. They have no business to run, they’re purely there to try and invest in another business and merge with it.
Here are the SPACs that are now available on the Freetrade app:
Planes, hotels and automobiles
Some big names in the travel industry have been added:
Other notable additions
Join the discussion on the forum and see the full list of stocks.
This should not be read as personal investment advice and individual investors should make their own decisions or seek independent advice. This article has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is considered a marketing communication.
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