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Finance of America stock is not yet available to purchase on any exchange. But it's expected to go public soon. Here's what we know — and how to buy in when it launches.
Consumer-lending platform Finance of America Equity Capital LLC is planning to go public through a merger with Replay Acquisition Corp., a special purpose acquisition company (SPAC), also known as a blank check company. SPACs are companies with no commercial operations that exist purely to raise capital through IPOs.
No date has been announced yet for when the merger will happen.
Once Finance of America goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
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It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like Finance of America can be useful in determining how the market is performing and whether now is a good time to invest in this industry. Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.
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