12 days ago • Posted by Charles-Henry Monchau

The first-day gains of SPACs this year (+6.5%) is reinforcing the belief that this is a “can’t lose” proposition.

What’s driving this trend? Record demand from investors, who now have the highest appetite for risk that we’ve seen since 2000. The first-day gains of SPACs this year (+6.5%) is reinforcing the belief that this is a “can’t lose” proposition - source: Charlie Bilello, Jay Ritter 

SPAC 1st day performance
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