SPAC

Archer Aviation, an electric vertical takeoff and landing company set to go public via SPAC merger, highlighted the company’s path forward at an Open House Tuesday. What Happened: Archer CEOs Brett Adcock and Adam Goldstein highlighted the company’s Maker, a four-passenger eVTOL that...

The number of SPAC IPOs and announced deals hit a downtrend in the second quarter and could show signs of further declines going forward. What Happened: SPAC IPOs peaked in the first quarter of 2021, hitting a total of 275. The second quarter saw 52 SPAC IPOs, according to a new S&P Global...

Class 8 commercial semi-truck company Hyliion Holdings Corp (NYSE: HYLN) announced Tuesday morning the debut of Hyliion Hybrid eX, an enhanced version of the company’s current hybrid powertrain. What Happened: The new platform offers a lighter solution for fleets and is easier...

Shares of Manchester United PLC (NYSE: MANU) got a lift last week when it was announced that soccer superstar Cristiano Ronaldo would be returning to play for the English Premier League team this season. Here is a look at three other stocks to watch on the Ronaldo signing. Juventus: Ronaldo is...

Potential short squeeze plays have gained steam in 2021 with an influx of new retail traders in the market.  A short squeeze can occur when a heavily shorted stock rises in value instead of falling. Short sellers could be looking to close out their position and can face a loss if they have to...

Palantir Technologies (NYSE: PLTR) has quietly been building up stakes in many companies that are going public via SPAC. The company’s latest investment in a SPAC was highlighted in a recent article on The Verge. What Happened: Palantir invested $25 million in Faraday Future (NASDAQ: FFIE)....

An iconic financial media brand is going public with plans to continue its digital transformation. The SPAC Deal: Forbes Global Media Holdings announced Thursday a SPAC deal with Magnus Opus Acquisition Limited (NYSE: OPA). The deal values the company at a pro forma enterprise value of $...

A former SPAC that has been beaten down from a change in leadership, questions on orders and short reports named a new CEO Thursday morning to help steer the company forward. What Happened: Daniel A. Ninivaggi was named the new CEO and a member of the board of directors of Lordstown Motors...

Shares of Locust Walk Acquisition Corp (NASDAQ: LWAC) are surging higher Wednesday morning after the merger with eFFECTOR Therapeutics was approved. eFFECTOR Therapeutics is focused on selective translation regulation inhibitors to treat cancer. The SPAC merger valued the company at $419...

Stocks can often move on press releases and company updates. Two space-related stocks are moving higher Tuesday on announcements from the companies with shareholders reacting positively to the news. Rocket Lab: Shares of Vector Acquisition Corporation (NASDAQ: VACQ) are up Tuesday on news from...

Apple Inc (NASDAQ: AAPL) represents a $4 billion opportunity for its experiential commerce partner Enjoy Technology Inc, as per Loup Ventures Managing Partner Gene Munster. What Happened: The startup, which does mobile deliveries for Apple, AT&T Inc (NYSE: T) and others, expanded...

Shaquille O’Neal is one of the biggest figures for the NBA over the last three decades. During his 19 year National Basketball Association career, O’Neal won four NBA Championships and played for six teams. Earning nearly $300 million during his career, O’Neal has turned to...

Bill Ackman’s Pershing Square Tontine Holdings (NYSE: PSTH) is one of the largest and most well-known SPACs. After ending plans to acquire a 10% stake in Universal Music Group, the SPAC now faces a lawsuit. Ackman is seeking to change the structure of the company going forward. Here’s...

Palantir Technologies Inc (NYSE: PLTR) is one of the most well-known publicly traded companies. The data analytics company is increasing its investments in the SPAC space, which caught the attention of Barron’s recently. Palantir’s SPAC Investments: Barron’s reports Palantir...

One of the most talked about SPAC deals in the sports world has been terminated and will not go through as originally agreed upon. What Happened: Topps, the iconic trading card company that started producing Major League Baseball (MLB) cards in 1951, was set to go public once again with a $1.3...