Is Latch Stock a Buy After the SPAC Merger?
February 11, 2021 at 12:40 PM EST
Latch stock will soon be available on the public exchange after a merger was announced with TS Innovation Acquisitions (NASDAQ: TSIA). You're probably more familiar with TS Innovation than you think. Its parent, Tishman Speyer, is the company behind some of the world's most iconic buildings and complexes, like Yankee Stadium and Rockefeller Center. Meanwhile, Latch is a 2014 tech startup ushering in a new age of building security technology. They're worth close to $150 billion. In theory, this sounds like a match made in heaven. But will Latch stock be a buy after the merger? Tags: IPOs The post Is Latch Stock a Buy After the SPAC Merger? appeared first on Money Morning - We Make Investing Profitable .