Forest Road Acquisition Corp. (FRX)
Forest Road Acquisition Corp. operates in the Shell Companies industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $12.00, up 6.95% on the session, giving a market capitalisation of $3.75B. On trailing twelve-month figures it carries a trailing P/E of 6.82, a net margin of 5.7%. Its beta of 0.00 implies it has historically moved less than the broad market.
Forest Road Acquisition Corp., established in 2020 and headquartered in New York, New York, is focused on identifying and executing a strategic consolidation with one or more companies. The firm aims to complete various corporate transactions, including mergers, exchanges of capital stock, asset acquisitions, stock purchases, or other forms of corporate restructuring, specifically targeting the technology, media, and telecommunications sectors.
Forest Road Acquisition Corp. is most often compared with the following Financial Services names: