Remember SPRT stock? That’s gone now, but no worries. Tech support specialist Support.com is still here – it’s merged with Greenidge Generation (NASDAQ:GREE) and as a result, you can now trade GREE stock instead of SPRT.
Similarly, Why is SPRT halted?
The Company would like to confirm that it has no relation, or business dealings with Support.com, the owner of NASDAQ: SPRT. The Company is aware that before Oct. 20, 2021, NASDAQ: SPRT undertook a substantial short position that resulted in the stock halting trading.
Is Ubiquiti stock a buy? Is Ubiquiti a buy right now? 2 Wall Street analysts have issued « buy, » « hold, » and « sell » ratings for Ubiquiti in the last twelve months. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should « hold » Ubiquiti stock.
Thereof, Is SPRT a buy or sell?
A yield of 8.57% also means 8.57 cents of earnings for $1 of investment.
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
What happened with SPRT and GREE?
Support.com (NASDAQ:SPRT) has completed its merger with Greenidge Generation (GREE) and will now operate as a subsidiary of Greenidge. The combined company will trade today under the ticker « GREE. » The company filed with the SEC after the bell yesterday and « requested that NASDAQ delist the Company Common Stock.
What will happen to support com stock after merger?
As previously announced, the exchange ratio for the merger has been determined. Support.com shareholders will receive 0.115 shares of Greenidge Class A Common Stock for each share of Support.com Common Stock held prior to closing.
Is GREE a good investment?
Valuation metrics show that Greenidge Generation Holdings Inc. may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of GREE, demonstrate its potential to outperform the market.
When did SPRT merge with GREE?
The parties expect the pending merger to close and become effective at the close of trading on September 14, 2021 (subject to the satisfaction or waiver of all closing conditions contained in the merger agreement), and shares of Greenidge Class A common stock to begin trading on The Nasdaq Global Select Market under …
Who did support COM merge with?
Shares of Support.com Inc. sprt tumbled 16.5% in afternoon trading Friday, after soaring 34.8% over the past two sessions, after the customer and technical support services company said it shareholder approved the deal to be acquired by bitcoin mining company Greenidge Generation Holdings Inc.
Does SPRT merge?
DRESDEN, N.Y., Sept. 14, 2021 /PRNewswire/ — Greenidge Generation Holdings Inc. (NASDAQ: GREE) (« Greenidge » or the « Company »), a vertically integrated bitcoin mining and power generation company, has closed its previously announced merger with Support.com, Inc. (« Support.com ») (formerly NASDAQ: SPRT).
Who owns Greenidge generation holdings?
Brookfield Asset Management Inc. is currently the company’s largest shareholder with 66% of shares outstanding.
What is support stock?
In general finance terms, support level is the level at which buyers tend to purchase or enter into a stock. It refers to the stock share price that a company rarely goes below.
What does SPRT stock do?
The Company is a provider of software and services that automate the resolution of technology problems.
When did SPRT go public?
SPRT Stock Pre-Merger Announcement
Support.com went public in July 2000. It sold 4.25 million shares at $14 apiece. It got its start in December 1997. “We provide eBusiness infrastructure software that automates, personalizes and enhances user support over the Internet.
Is support COM delisted?
Merger. On September 15, 2021, Greenidge Generation Holdings acquired Support.com and delisted its stock from the Nasdaq.
Who bought support?
Support.com
| Traded as | Nasdaq: SPRT |
|---|---|
| Defunct | September 15, 2021 |
| Fate | Acquired by Greenidge Generation |
| Headquarters | Wilmington, Delaware Sunnyvale, California , USA |
| Key people | Lance Rosenzweig (President & CEO) |
What did SPRT turn into?
SPRT is undergoing the merger transition with Greenridge, ticker symbol GREE. The combined company will trade under GREE moving forward.
What does SPRT company do?
Its specific focus is on helping enterprises switch over to work-from-home settings for their employees. The company’s services are supported by its own work-from-home agents that are available 24/7 every day of the year.
What does Greenidge generation Holdings Inc do?
Greenidge is the first and only carbon neutral, vertically integrated power generator and bitcoin miner of scale in the United States.
Is Gree a buy?
Out of 1 analyst, 1 (100%) are recommending GREE as a Strong Buy, 0 (0%) are recommending GREE as a Buy, 0 (0%) are recommending GREE as a Hold, 0 (0%) are recommending GREE as a Sell, and 0 (0%) are recommending GREE as a Strong Sell. What is GREE’s earnings growth forecast for 2022-2024?
Is bitcoin a mine?
Bitcoin mining is an energy-intensive process with customized mining systems that compete to solve mathematical puzzles. The miner who solves the puzzle first is rewarded with bitcoin. The bitcoin mining process also confirms transactions on the cryptocurrency’s network and makes them trustworthy.
What is Bitcoin support level?
Support is a price level where a downtrend can be expected to pause due to a concentration of demand or buying interest.
What is crypto support level?
The support level is the price at which demand picks up and a cryptocurrency bounces back after a drop. It is the price at which buyers will become willing to purchase the cryptocurrency and sellers will become reluctant to part with their coins.
What is support in forex?
Share: Support occurs when falling prices stop, change direction, and begin to rise. Support is often viewed as a “floor” which is supporting, or holding up, prices. Resistance is a price level where rising prices stop, change direction, and begin to fall.
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