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Former NFL QB Colin Kaepernick Among Latest SPAC Casualties, Costing Investors Millions
Sunday, February 12, 2023 - 3:22pm | 837Football fans are charged up for Super Bowl LVII on Sunday, but investors of a SPAC that included a former NFL quarterback certainly weren't cheering in 2022. The SPAC was close to locking down a deal, but instead fell apart at the hands of the quarterback. What Happened:...
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10 Short Squeeze Candidates To Watch This Week: Edible Garden, Getty Images And This Stock Moving Up 1,785 Places
Monday, January 30, 2023 - 11:48am | 867Potential short squeeze plays gained steam in 2021 and continued through 2022, with new traders looking for the next huge move. High short interest and a high cost to borrow are among the common traits that could lead to a short squeeze. Here’s a look at the top five short squeeze candidates...
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Are Secretly Monitoring, But Not Yet Talking About
Thursday, January 26, 2023 - 4:56pm | 784Investors are on the hunt for undervalued, underfollowed and emerging stocks to spot opportunities. Retail traders have countless methods at their disposal to uncover new information. For some, this may be overwhelming. Benzinga’s Stock Whisper Index uses a combination of proprietary...
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What's Going On With Trump SPAC Digital World?
Wednesday, January 25, 2023 - 6:20pm | 426Digital World Acquisition Corp (NASDAQ: DWAC) shares are volatile in Wednesday's after-hours session following reports that former President Donald Trump's Facebook and Instagram accounts will be reinstated. What To Know: According to an NBC News report, ...
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The Bull Case For Car-Sharing Platform Getaround: Why This Analyst Sees 194.2% Upside Potential
Thursday, December 29, 2022 - 5:19pm | 459It has been a tough year for ride-sharing stocks. Uber Technologies Inc (NYSE: UBER) is down 43.27% year to date, while LYFT Inc (NYSE: LYFT) is down 75.9% year-to-date against the benchmark S&P 500 (NYSE: SPY)'s 19.66% dropo. The situation is even worse for Getaround Inc (...
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SPAC Firms Rush To Liquidate ... Has The Boom Ended?
Sunday, December 25, 2022 - 4:43pm | 449Since the beginning of December, around 70 special-purpose acquisition companies (SPACs), have liquidated and returned the money to the investors. A SPAC firm, a.k.a blank-check company, raises money to merge with a private company to take it public. After regulatory scrutiny, the company...
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Peter Thiel-Backed Crypto Exchange Bullish Exits SPAC Deal Over New SEC Practices
Thursday, December 22, 2022 - 10:45pm | 284Peter Thiel-backed cryptocurrency exchange Bullish has decided to put its plans of going public on hold. What Happened: Bullish said on Thursday that it had come to a mutual agreement with Far Peak Acquisition to no longer pursue a merger that would have seen it listed on the New York Stock...
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Is Lucid A Buy Following Fund Infusion? Here's How Much $1,000 Invested In EV Maker Will Be Worth If It Returns To November 2021 Peak
Wednesday, December 21, 2022 - 8:29am | 546Shares of luxury electric vehicle maker Lucid Group Inc. (NASDAQ: LCID), which once traded as high as $57.55 post the Special Purpose Acquisition Company, or SPAC, deal, are now down to high-single-digit levels. Lucid Stock Stutters: Lucid went public through a SPAC deal in July 2021....
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Digital World Plunges On 'Major Announcement' From Trump: 'America Needs ...' More NFTs?
Thursday, December 15, 2022 - 3:02pm | 572Digital World Acquisition Corp (NASDAQ: DWAC) was sliding about 3% lower on Thursday, ahead of a “major announcement” former President Donald Trump teased on the SPAC's acquisition targeted Truth Social. After the former president's announcement turned out to be an NFT...
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Grindr Revenue, Users Jump In Q3: Will The Dating App Be A SPAC Success Story?
Tuesday, December 6, 2022 - 1:46pm | 448Grindr Inc (NYSE: GRND), a dating app oriented at the LGBTQ community that began listing on the New York Stock Exchange in November, reported third-quarter earnings on Monday, showing an increase in revenues and users. What Happened: Grindr, which went public through a $2.1 billion SPAC merger...
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Trump-Linked Digital World Stock Nears Apex Of This Breakout Pattern: What To Watch
Monday, December 5, 2022 - 5:32pm | 480Digital World Acquisition Corp (NASDAQ: DWAC) was sliding more than 4% on Monday, with the bears trying to break the stock down from an inside bar pattern. The special purpose acquisition company (SPAC) saw increased interest in November after former President Donald Trump announced a bid for...
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The Benzinga Moneymaker Series: Top 5 Stocks This Week
Thursday, December 1, 2022 - 4:44pm | 888Investors are are on the hunt for undervalued, underfollowed and emerging stocks to spot opportunity. The rise of social media and the retail trader gave way to countless methods to uncover new information. For some, this is overwhelming. Benzinga's Moneymaker Index uses a combination of...
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Getty Images, MoonLake And 3 Other Short Squeeze Candidates That May Soar This Week
Monday, November 28, 2022 - 11:29am | 539Potential short squeeze plays gained steam in 2021 and have continued through 2022 with new traders looking for the next huge move. High short interest and a high cost to borrow are among the common traits that could lead to a short squeeze. Here’s a look at the top five short squeeze...
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Why Hasn't Donald Trump Tweeted Since Being Reinstated By Elon Musk? Rules For Truth Social Might Point To The Answer
Monday, November 21, 2022 - 3:10pm | 890Former President Donald Trump has been reinstated on the social media platform Twitter. Many began following Trump's account and are likely wondering why he hasn’t posted yet. An SEC filing might share some clues. What Happened: Trump was banned in January 2021 from several social media...
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Donald Trump Added The Patent Office To List Of Government Agencies He's Fighting: Not Just The FBI And White House
Sunday, November 13, 2022 - 4:28pm | 709Former President Donald Trump is no stranger to legal troubles, with a past history of battles and current ones with the FBI and the White House. Trump’s SPAC deal to bring Trump Media & Technology Group with Digital World Acquisition Corp (NASDAQ: DWAC) has also faced challenges and...