38 days ago • Posted by William Ramstein

Increasing numbers of investors are bearish on SPACs!

Investors who bet against stocks are targeting special-purpose acquisition companies, one of the hottest growth areas on Wall Street. The dollar value of bearish bets against shares of SPACs has more than tripled to about $2.7 billion from $724 million at the start of the year, according to data from S3 Partners. Source: WSJ