Home Business The SPAC boom is over with the majority of deals now trading under key $10 level

The SPAC boom is over with the majority of deals now trading under key $10 level

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Traders work on the floor of the New York Stock Exchange (NYSE) on Friday.

Spencer Platt / Staff | Getty Images

The SPAC market is turning bleaker by the day as investors head for the exits amid rising scrutiny, pushing the majority of deals below their IPO price.


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