welcomeToIs Wall Street's hottest trend finally over?-VatradeCoin Monitorwebsite!!!

VatradeCoin Monitor

Is Wall Street's hottest trend finally over?

2024-12-25 01:06:22 source:lotradecoin compliance Category:Stocks

WeWork, DraftKings, Lucid Motors. These are a few companies that have taken an untraditional route to go public through something called SPACs or special purpose acquisition companies. The obscure investment vehicle took off during the pandemic, but has since fallen back to earth. Today, we consider the rise and fall of SPACs and how recent rule changes will affect these deals.

Related episodes:
The SPAC is back

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.