Wedbush assumed coverage on shares of General Fusion Group (NASDAQ:GFUZ – Free Report) in a research note published on Tuesday morning, MarketBeat reports. The firm issued a neutral rating and a $7.00 price objective on the stock.
General Fusion Group Stock Down 7.7%
GFUZ opened at $5.22 on Tuesday. General Fusion Group has a 1 year low of $5.00 and a 1 year high of $14.85.
General Fusion Group Company Profile
We are a recently incorporated blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to as our initial business combination. We have not selected any potential business combination target, and we have not, nor has anyone on our behalf, had any substantive discussions, directly or indirectly, with any potential business combination target.
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