What investors can learn from the carnage in SPACs

What investors can learn from the carnage in SPACs

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe

Thursday, April 28, 2022

SPACs are getting spanked this year, as risk-off sentiment spares virtually no asset class.

All told, sponsors have abandoned plans for at least 56 new SPACs in 2022 (seven last week alone). Meanwhile, regulators are gearing up to tighten rules for these IPO alternatives beleaguered by poor performance and outright fraud…


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