You Searched For "spac stocks" and got 20 results
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4 mins read
Why the election felt like the 2021 meme stock rally — but way bigger
Elon Musk and Mark Cuban rallied both memesters in 2021 and voters this year, traders made big bets…
Theron Mohamed
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
4 mins read
Trump's stock bust came even quicker than I expected
Trump Media's DJT stock price has plunged since its SPAC merger. And it's probably going to get wor…
Emily Stewart
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
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
2 mins read
What's going on with VinFast stock? The electric vehicle SPAC has soared more than 800% since its debut and is worth more than Ford.
Founder Pham Nhat Vuong controls 99% of VinFast, as he issued just 1% of the company's shares to th…
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
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
Bill Ackman's SPAC has just 6 weeks to find a target — or he'll have to return $4 billion to investors
"Bill and Pershing face an uphill battle — selling SPACs to investors is now virtually impossible,"…
George Glover
3 mins read
Billionaire investor Howard Marks lays out how bull markets form, why they're dangerous, and why they never last. Here are the 11 best quotes from his new memo.
Marks explains how investors' psychology fuels cycles of market excesses and corrections, and flags…
Theron Mohamed
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
Former SPAC exec pleads guilty to defrauding people of $5 million to trade crypto and meme stocks
The former chief financial officer of two SPACs pleaded guilty to wire fraud in a years long scanda…
Brian Evans
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
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
1 min read
Digital World Acquisition Corp. jumps 29% as merger partner Trump Media eyes $1 billion fundraise
Trump Media & Technology Group is already in line to receive $293 million if its deal to go public …
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
1 min read
Lucid Motors drops as luxury electric vehicle maker receives SEC subpoena
Lucid said the SEC investigation appears focused on the business combination between it and battery…
Carla Mozée
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
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…