Goldman Sachs’ GS Acquisition Holdings Corp II SPAC rises 20.5% in two days

GS Acquisition Holdings Corp. II (NYSE:GSAH), a special purpose acquisition company sponsored by Goldman Sachs (NYSE:GS), rose as much as 18.9% to a record $16.63 intraday Friday – rallying for a second day despite no obvious news.

The stock later pulled back some, but still ended the session at $15, up 7.2% on the day and 20.5% over two days of trading at record volume. (See chart below.)