You Searched For "spac market" and got 20 results
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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
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
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
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
A score of SPAC merger companies that listed during the boom are warning they probably won't survive much longer
More than 25 companies that listed via blank-check merger over the past two years have warned they …
George Glover
4 mins read
This legendary market forecaster has warned of a stock-market crash and a recession for years. Here are Gary Shilling's 14 best X posts since the pandemic.
Gary Shilling predicted stocks would keep crashing in March 2020, but he dismissed inflation fears …
Theron Mohamed
2 mins read
Long-term projections by some SPAC stocks are proving to be wishful thinking as Virgin Galactic misses 2021 revenue target by 98%
Nikola said during its SPAC IPO that it expected to generate about $150 million in revenue in 2021.…
Matthew Fox
2 mins read
The stock market still looks overvalued even as the 'everything bubble' deflates, research firm says
"While stocks are not as overvalued as they were in 2021 on an absolute valuation basis, relative t…
Matthew Fox
2 mins read
Bill Ackman says he'll return $4 billion to PSTH investors after failing to close a SPAC deal - and trumpets his next-generation SPARC
The Pershing Square chief blamed the market's rapid rebound after the pandemic crash, investors sou…
Theron Mohamed
1 min read
Top SPAC issuer Citigroup will reportedly halt blank-check IPOs after the SEC signals tougher stance
The top SPAC underwriter of 2021 is pausing its SPAC deals amid new rules proposed by the SEC, Bloo…
Phil Rosen
1 min read
Goldman Sachs is exiting work on most SPACs because of liability concerns as regulators tighten guidelines, report says
The investment bank may change course if the SEC scales back its SPAC oversight guidelines, Bloombe…
Carla Mozée
2 mins read
The SEC is taking aim at SPACs with proposed rules to make disclosures more like those in a traditional IPO
The watchdog's proposal calls for more disclosures around conflicts of interest between sponsors an…
Shalini Nagarajan
2 mins read
Digital World Acquisition spikes 23% as Elon Musk tweets about Twitter's competition
"Truth Social (terrible name) exists because Twitter censored free speech." In a follow-up, Musk tw…
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
SPAC volatility forces SeatGeek and Billy Beane of 'Moneyball' fame to shelve merger plans as the boom in blank-check deals fades
"Unfavorable" market conditions are "particularly impacting growth technology companies," the SPAC …
Carla Mozée
2 mins read
Digital World Acquisition could plummet 78% as regulatory scrutiny means it will likely never merge with Trump's Truth Social media platform, short seller says
"DWAC is not just another dubious 2021 SPAC; it is a poster child for some of the worst abuses the …
Matthew Fox
1 min read
Digital World SPAC tied to Trump's Truth Social extends two-day decline to 13% after app downloads plummet
Despite the recent sell-off, Digital World is still up nearly 500% from its SPAC IPO price of $10 p…
Matthew Fox
2 mins read
Original SPAC-meme stock Nikola soars 17% after it begins production of its first electric vehicle
Nikola is set to beat Tesla to market with its electric semi-truck, which has an expected range of …
Matthew Fox
2 mins read
Digital World Acquisition falls 15% after Elon Musk buys Twitter for $44 billion
"Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square," El…
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 …