From Bitcoin To Ball Clubs: Sono Group Stock Soars On Sports One Merger Plan
Sono Group (NASDAQ: SSM) stock surged 49% after announcing a nonbinding LOI to merge with Sports One and enter pro sports ownership.
Sono Group announced plans to merge with a sports company and own a pro team, which made its stock price jump up a lot today. When a company makes a big announcement like this, watch to see if the deal actually happens and whether it helps the business make money.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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