IGAC Stock Barely Moves as This Tiny SPAC Tests Investors’ Patience Near $10
Invest Green Acquisition Corporation’s Class A shares were little changed around the $10 level on Friday, leaving the Nasdaq-listed SPAC trading more like a cash proxy than an operating green-energy bet. That matters now because U.S. equities opened firmer before the Memorial Day weekend, while IGAC showed scant trading activity. Robinhood listed the stock at $9.99 with current volume at zero, while Kraken showed $9.97, unchanged, and a $238 million market value. Investing.com put the stock at $9.985, with the same figure for the previous close and day range.