1.0Parabolic Archttps://parabolicarc.comWall Street Thinks Most SPACs are a Jokerich600338<blockquote class="wp-embedded-content" data-secret="HLGT9wEK8j"><a href="https://parabolicarc.com/2021/03/07/wall-street-thinks-most-spacs-are-a-joke/">Wall Street Thinks Most SPACs are a Joke</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://parabolicarc.com/2021/03/07/wall-street-thinks-most-spacs-are-a-joke/embed/#?secret=HLGT9wEK8j" width="600" height="338" title="“Wall Street Thinks Most SPACs are a Joke” — Parabolic Arc" data-secret="HLGT9wEK8j" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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by Douglas MessierManaging Editor Over at Fast Company, William D. Cohan says professional investors and financial analysts have a low opinion of the special purpose acquisition companies (SPACs), which are being used by Virgin Galactic and six other space companies to go public. (SPACs are an inside joke on Wall Street, and the joke is on you) SPACs are investment vehicles that are already publicly traded on the stock exchange. […]https://parabolicarc.com/wp-content/uploads/2019/10/Branson_NYSE_Bell_Ring_2.jpg