The proprietary CNBC SPAC Post Deal Index, which is comprised of SPACs that have completed their mergers, has fallen nearly 50% this year.
SPACs, once Wall Street's hottest tickets, have become one of the most hated trades this year.
The proprietary CNBC SPAC Post Deal Index, which is comprised of SPACs that have completed their mergers and taken their target companies public, has fallen nearly 50% this year. The losses more than doubled the S&P 500's 2022 decline as the equity benchmark fell into a bear market. Appetite for these speculative, early-stage growth names with little earnings has diminished in the face of rising rates as well as elevated market volatility. Meanwhile, a regulatory crackdown is drying up the pipeline asIllinois' primary Election Day is June 28. Get the NBC Chicago app for
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Travelers endure another weekend of mass flight cancellations across America800+ flights across America were cancelled on Sunday, marking the 5th consecutive day that commercial carriers wiped off at least 500 journeys, according to airline tracking data.
Baca lebih lajut »
Morgan Creek Is Trying to Counter FTX’s BlockFi Bailout, Leaked Call ShowsSCOOP: APompliano and MarkYusko’s Morgan Creek Digital are trying to put together an alternative rescue package for BlockFi. Why? FTX_Official’s $250M credit line stood to wipe out BlockFi shareholders, including Morgan Creek. 0x_bae reports
Baca lebih lajut »
Donald Trump’s Tech Merger in Jeopardy as Grand Juries Subpoena SPAC PartnerDigital World Acquisition Corp. says the federal investigations 'can be expected' to delay, if not end, its merger deal with Trump's company.
Baca lebih lajut »
Top Wall Street Analysts Stand by These Stocks as the First Half of 2022 Wraps UpTipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, including Adobe and Broadcom.
Baca lebih lajut »
Stock futures were little changed following a major comeback week for stocksWall Street is set to wrap up the worst first half for stocks in decades this week.
Baca lebih lajut »
Stock Futures Fall Following a Major Comeback Week for StocksWall Street is set to wrap up the worst first half for stocks in decades this week.
Baca lebih lajut »