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How to buy Plus stock when it goes public

Here's everything we know so far about the Plus IPO.

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Sheri Bechtel
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Plus, a self-driving truck startup, is in merger talks with multiple special purpose acquisition companies. We'll update this page as new information emerges.

What we know about the Plus IPO

Cupertino, California-based Plus, which is backed by Sequoia Capital, has reportedly received several letters of intent from US-based SPACs, but no definitive agreement has been set.

The autonomous truck company is working with Goldman Sachs Group on the deal.

Special purpose acquisition companies (SPAC), also known as a blank check company, are companies with no commercial operations that exist purely to raise capital through IPOs.

How to buy shares in Plus when it goes public

Once Plus 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.

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.

How do similar companies perform?

It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like Plus 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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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

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