Tag: SPACs

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SPACs wipe out half of their value as investors lose appetite for risky growth stocks

SPACs wipe out half of their value as investors lose appetite for risky growth stocks

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, June 16, 2022.Brendan McDermid | ReutersSPACs, once Wall Street's hotte [...]
Crypto SPACs Brace for Cruel Summer With Lower Valuations, SEC Scrutiny

Crypto SPACs Brace for Cruel Summer With Lower Valuations, SEC Scrutiny

To enhance investor protection, the SEC recently said that it would propose “specialized disclosure requirements with respect to, among other things, [...]
‘You have no home here’ — Cramer blasts speculative SPACs for taking down the stock market

‘You have no home here’ — Cramer blasts speculative SPACs for taking down the stock market

CNBC's Jim Cramer on Wednesday condemned the 2021 rush of speculative SPACs for playing a part in the stock market's recent weakness.On "Squawk Box," [...]
Market being dragged down by 2021’s flurry of IPOs, SPACs

Market being dragged down by 2021’s flurry of IPOs, SPACs

CNBC's Jim Cramer on Tuesday lamented the flurry of companies that went public in 2021 through traditional IPOs and SPAC deals, suggesting that it's p [...]
Cramer rips SPACs, urges investors to avoid the blank-check companies

Cramer rips SPACs, urges investors to avoid the blank-check companies

CNBC's Jim Cramer on Thursday implored viewers to steer clear of special purpose acquisition companies right now, suggesting there's too much risk [...]
Automotive SPACs attempt to show their price to Wall Road amid bubble

Automotive SPACs attempt to show their price to Wall Road amid bubble

Nikola Company rang the Nasdaq Closing Bell remotely from the world over.Supply: The NasdaqElectrical automobile start-ups that went public by mean [...]
SPACs Proceed to Shine as Tremendous Group Holding Co. Prepares to Go Public

SPACs Proceed to Shine as Tremendous Group Holding Co. Prepares to Go Public

SPAC DEAL TALKING POINTSTremendous Group Holding Co. finalized a $4.75 billion merger with Sports activities Leisure Acquisition Corp.The SPAC wil [...]
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