13.85 -0.31 (-2.19%)
Pre-market: 5:40AM EST
Previous close | 14.92 |
Open | 14.93 |
Bid | 13.84 x 900 |
Ask | 14.15 x 1100 |
Day's range | 13.80 - 15.00 |
52-week range | 10.52 - 18.31 |
Volume | 1,703,598 |
Avg. volume | 1,610,331 |
Market cap | 814.2M |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
The problem is, how can you evaluate a SPAC as a potential investment before a merger agreement is announced? While investing in a predeal SPAC is certainly a speculative endeavor, there are some ways to narrow down the field to those that make the most sense as investments for you. Matt Frankel: So, when a SPAC files to go public, it issues files of the form SEC called an S-1.
If you realize what a pre-deal SPAC investment is, today's move shouldn't be too surprising.
2020 has been the year of the special purpose acquisition company, or SPAC. About $80 billion was raised by nearly 240 SPACs in 2020. That's roughly six times the amount raised in 2019. With so many SPACs to choose from, how can investors decide? To help give you some ideas, Fool.