You Searched For "SPACs" and got 20 results
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1 min read
Trump Media is being 'absurdly' valued by investors, LinkedIn cofounder says
Trump Media made just $4 million last year and lost $58 million, financial documents show.
Jennifer Sor
2 mins read
The SPAC-bubble collapse triggered a surge in the number of penny stocks. That's not great news for the market.
There are now hundreds of US-listed stocks trading below a dollar. It's creating market inefficienc…
Filip De Mott
1 min read
Donald Trump's first win of the 2024 election season ignites 239% rally in Truth Social-linked SPAC
Digital World Acquisition has been seeking a merger with Trump's Truth Social media platform since …
Matthew Fox
2 mins read
This chart shows just how absurd Trump Media's valuation is
Trump Media has a price-to-sales ratio of 1,590x, which dwarfs the average 8.3x price-to-sales rati…
Matthew Fox
1 min read
Trump Media has gotten Congress involved in its crusade against short sellers
The Trump Media CEO last week also penned a letter to Nasdaq blaming "naked" short selling for the …
Yuheng Zhan
1 min read
Ibotta's IPO just minted more than 150 millionaires, many in Denver, CEO says
"By my calculations, I believe there'll be over 150 people who make at least a million dollars on t…
Matthew Fox
1 min read
Trump Media stock rebounds 47% after brutal post-IPO sell-off
Trump Media successfully tested its rising 200-day moving average on Wednesday, a key level of supp…
Matthew Fox
4 mins read
Trump Media's stock is almost certain to crash
Trump's media company, which runs Truth Social, was flying high after starting trading. There are p…
Emily Stewart
4 mins read
Meme stocks are back in fashion. Here's how to find one.
In today's big story, we're breaking down how to identify a meme stock.
Dan DeFrancesco
1 min read
Beware VinFast's meteoric rise – more than three-quarters of this year's SPAC debuts are trading below their float price
More than 75% of companies that made their market debuts in 2023 through a SPAC merger are trading …
Joseph Wilkins
2 mins read
A meme-stock comeback is underway. Use these 3 criteria to identify them, according to a market strategist.
"If one's investment decisions are based primarily upon emotions, then it is hardly a surprise that…
Matthew Fox
2 mins read
Trump Media stock soars 59% after Truth Social parent adopts 'DJT' ticker symbol
Donald Trump can't sell his multibillion-dollar stake in Truth Social until a six-month lockup peri…
Matthew Fox
2 mins read
S&P 500 might crash 60%, a recession is looming, and speculation is rife, warns elite technical analyst Milton Berg
Veteran analyst Milton Berg said he's short stocks including Nvidia and Netflix as he believes the …
Theron Mohamed
2 mins read
The SPAC tied to Trump's Truth Social surges 11% after the former president is formally indicted
Since the indictment was revealed Thursday afternoon, Trump posted more than 40 times to his Truth …
Matthew Fox
1 min read
EV stocks are seeing a historic sell-off, with some down 90% from their peak
The industry is being slammed by higher borrowing costs, slow growth in Europe, and expiring subsid…
Aruni Soni
1 min read
Traders are more anxious about the 2024 election than they have been before a vote in the past decade
Volatility measures show trepidation around the early November election date, signaling investors a…
Aruni Soni
1 min read
SPAC king Chamath Palihapitiya says higher rates have created a 'wave of destruction' across whole sectors
The famed investor and so-called SPAC king said that the end of zero interest rate policy has creat…
Jennifer Sor
1 min read
Space exploration company Intuitive Machines soars 259% following SPAC merger as investors revive 2021 playbook
Part of its vision includes creating infrastructure needed to sustain life on the moon. The company…
Matthew Fox
2 mins read
Shares of a SPAC linked to Trump's Truth Social which had risen sharply last week — are down 8% after the former president's arrest
This is a sharp reversal from Friday when Digital World's share prices soared 11%, after Trump's fo…
Huileng Tan
3 mins read
Legendary investor Jeremy Grantham warns of a 'superbubble' and looming recession — and touches on Elon Musk and housing woes
Jeremy Grantham said the multi-asset bubble would likely burst and bring down the US economy, and l…