Why the SPAC Craze Is Slowing Down
P.M. Edition for Jan. 21. Investment in blank-check companies, or SPACs, soared during the pandemic, with hundreds of startups piling into the craze. But now the frenzy is slowing, and some investors are starting to pull out of deals. Markets reporter Amrith Ramkumar joins host Annmarie Fertoli to discuss why interest in SPACs is sinking.
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