SPACs Have Run Out of Steam. That’s Created Some Opportunities for Investors.


The $100 billion-plus market for special-purpose acquisition companies, or SPACs, has gone from exuberance early this year to orphan status, making SPACs one of the weaker sectors in a roaring stock market.

This offers opportunities for investors in two types of SPACs: those looking for deals and those that have announced them.

Many SPACs…

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