121 days ago • Posted by Martin Boujol

Is the SPAC hype gone?

SPACs keep falling. The SPAC index (IPOX) is down 20% from its all-time high, entering what seems to be a bear-market territory. YTD, SPACs raised twice as much as traditional IPOs (almost $40 billion).

Source: Bloomberg, @Schuldensuehner

Is the SPAC hype gone?
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