News

Outside the Box: SPACs could repeat the worst of the dot-com bubble — here’s how finance insiders are trying to stop that

The dot-com bubble did not end well for stock markets or investors. Further, it precipitated a range of unethical and manipulative practices that stained Wall Street and financial analysts for years.

Fast forward to the fall of 2021, and the long-dormant SPAC, or special-purpose acquisition company, structure for taking companies public appears to be provoking a similar dynamic in terms of unethical and manipulative practices and/or unwarranted speculation detached from any fundamental data or analysis.  

As…

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

More in:News

Leave a reply

Your email address will not be published. Required fields are marked *

Next Article:

0 %