You Searched For "spac underperformance" and got 20 results
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1 min read
3 stats that show just how much investor appetite for SPACs has declined
As interest rates climb, most SPACs have underperformed the market, along with other high growth, l…
Emily Graffeo
2 mins read
Billionaire investor Bill Ackman's SPAC is reportedly being sued for not operating as a blank-check firm
"Investing in securities is all the company has ever done since its IPO," the complaint said, notin…
Isabelle Lee
1 min read
SPACs have raised a record $100 billion in 2021, but activity levels have plummeted by more than 80% in recent months
In March 2021, a total of 116 special purpose acquisition companies listed. In April, the number of…
Emily Graffeo
1 min read
The SEC is reportedly weighing stricter rules to rein in the wild projections made by SPACs as the blank-check craze slows
The US regulator is considering new guidance to curb growth projections made by listed special-purp…
Emily Graffeo
2 mins read
JPMorgan is calling the top for SPACs - and says declining day-trader interest is to blame
"SPACs come and go in waves, as they exhibit boom and bust cycles," JPMorgan said in a Wednesday no…
Matthew Fox
7 mins read
A SPAC is a high-risk but potentially profitable way to get in on the ground floor of a new stock — here's everything investors need to know
A SPAC (Special Purpose Acquisition Company) is a company created solely to buy another firm and ta…
Martin Daks
2 mins read
Softbank's Vision Fund could go public in a $300 million SPAC deal, report says
Softbank's Vision Fund is the world's largest tech venture capital firm and could list on the Amste…
Sophie Kiderlin
1 min read
Short-seller Jim Chanos warns of 2021-style market mania — and says Elon Musk should get his mammoth pay package
Jim Chanos flagged the resurgence of meme stocks such as GameStop as dangerous, and said Tesla shou…
Theron Mohamed
3 mins read
Gone are the days of chunky bonuses and salary increases. Wall Street's top brass are ready to trim their workforces as annual staff cuts return.
When dealmaking was on a tear everyone from junior analysts to big rainmakers commanded fat bonuses…
Aaron Weinman
2 mins read
The 'FAAMG' trade is dead but Apple's appeal stays alive with retail buyers and a $90 billion buyback arsenal, research firm says
Amateur investors have poured nearly $1.1 billion into Apple shares since the end of November, says…
Carla Mozée
1 min read
10 things you need to know before the opening bell
This is what traders are talking about.
Harry Robertson
3 mins read
Goldman Sachs slows hiring, and resurrects the dreaded performance review as investment bankers brace for layoffs
Today's biggest story on Wall Street looks at Goldman Sachs' plans to slow hiring, reduce compensat…
Aaron Weinman
3 mins read
One measure shows the stock market is still affordable at current levels - but investors should avoid these 3 bubble-like pockets, Goldman Sachs says
SPACs, negative-earning stocks, and high-growth, high-multiple stocks are showing behavior consiste…
Ben Winck
1 min read
JPMorgan downgrades Chamath Palihapitiya-backed Clover Health - and expects the stock to flatline over the next 16 months
Clover Health jumped in June when it gained meme-stock status. But JPMorgan analysts think it will …
Harry Robertson
1 min read
Walmart's Flipkart is targeting a 4th-quarter IPO that could value it at $35 billion, new report says
A $35 billion valuation for Flipkart would mean Walmart more than doubled its 2018 investment in th…
Emily Graffeo
4 mins read
Private credit is so hot right now, the execs at SALT were raving about it. BlackRock and Owl Rock are taking advantage of banks' pain to win more of this booming part of Wall Street.
Asset managers sitting on trillions of dollars in capital are seeing opportunities with businesses …
Aaron Weinman
1 min read
10 things you need to know before the opening bell
This is what traders are talking about.
Shalini Nagarajan
2 mins read
The record-setting stock market has further upside ahead with depressed consumer confidence spring-loaded for a recovery, says a Wall Street chief strategist
The broad market outperforms the S&P 500 by 3% on average in months where consumer confidence impro…
Ben Winck
6 mins read
Companies are going public more than ever - here's how to buy IPO stock
Private companies and startups issue IPOs when they want to grow and expand business operations. We…
Rickie Houston, CEPF
3 mins read
US stocks set to open lower as investors brace for slew of big earnings after bubble jitters hit Asia
Wall Street's remarkable run was set for a pause on Tuesday ahead of major Q4 earnings. Asian stock…