Banks Set to Abandon SPAC Market as SEC Proposes New Rules

Though the final rules will not be expected until the end of this year, according to Bloomberg, major banks are leaving the SPAC market. Some have has paused IPOs of

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Alibaba Slips as Big Hopes on Ant IPO Revival Quickly Fade

Alibaba Group Holding Ltd.’s US-listed shares dropped after China’s regulator denied a Bloomberg News report that it has started early stage discussions on reviving the…

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This Recent Tech IPO Stock Is A Buy

Software company GitLab (GTLB) went public on Oct. 14 and was embraced by a market of optimistic investors that traded the stock up more than…

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Robinhood, Rivian Lead Slide in Pandemic-Era IPOs

More than 80% of tech-related initial public offerings since March 2020 are trading below their listing price, according to data compiled by…

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IPO Value Plunges 90% in 2022 in US, Europe

IPOs in the U.S. and Europe aren’t doing so well, having fallen 90% in value so far this year, Financial Times (FT) reports. That comes amid several destabilizing factors…

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3 SPAC Stocks Down More Than 60% Since Going Public

A special purpose acquisition company (SPAC) is a company that has no commercial operations and is created to raise capital in an initial public offering (IPO) and use the cash

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3 Popular Stocks Trading Well Below Their 2021 IPO Price

While IPOs attained a record-high level last year, with a low-interest-rate environment being a catalyst, surging market volatility and several macroeconomic headwinds contributed to…

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Buy or Sell This Recent IPO Stock?

BRC Inc. (BRCC) engages in the purchasing, roasting, and selling of coffee, coffee accessories, and brand apparel. The company also engages in the production of…

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