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IPOD is the 4th SPAC promotion of high-profile investment guru Chamath Palihapitiya. Why stop a formula which works? The blank check bonanza has raised North of $80B in 2021 eclipsing funds raised last year. Ominously highlighting signs of market overextension, the SPAC boom has s...
Dan Loeb's 13F portfolio value increased from ~$10B to ~$13B this quarter. The number of positions increased from 47 to 73. Third Point added Alphabet and increased Avantor and Planet Fitness while reducing Amazon.com and Alibaba Group Holdings. The top three positions are at ~20%...
Strap in. Prepare for liftoff. 3 G forces on Virgin Galactic shares. For further details see: Will Virgin Galactic Go Hypersonic?
Before a few months ago, I couldn't imagine buying a stock before knowing something about the company I was investing in. But special purpose acquisition companies, or SPACs, have changed that calculus for investors. SPACs provide a quick and easy way for companies to go public without ...
There's a tsunami of SPACs hitting the market. Many of these companies are subpar and have complex features and securities attached, but investors are gobbling these up. The king of SPACs is Chamath Palihapitiya and the issues he's involved with can't be ignored. There's no ta...
Social Capital Hedosophia Holdings VI (NYSE: IPOF) , a special purpose acquisition company (SPAC) headed by Chamath Palihapitiya that raised $1 billion in 2020, is soaring today. As of 3:10 p.m. EST, the blank-check company, as SPACs are called, had gained 9% after rising as much as...
There's a tsunami of SPACs coming to market. These are almost custom-designed to benefit from a hot market that isn't too discriminating. Many of these companies are subpar and have complex features and securities attached, but people are eating them up. Among the basket, ther...
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Social Capital Hedosophia Holdings Corp. IV Class A Company Name:
IPOD Stock Symbol:
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Last week marked the 12-year anniversary of Apple Inc (NASDAQ: AAPL) co-founder and former CEO Steve Jobs stepping down from the leadership ro...