What Is a SPAC? Special Purpose Acquisition Companies Explained

January 5, 2023
Learn what special purpose acquisition companies (SPACs) are and why they're popular.
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Closing Market Update: S&P 500 Starts New Bull

Continued gains by large-cap stocks pushed the S&P 500 onto bull market turf as investors look toward Fed meeting, inflation numbers.

Opening Market Update: Oh, Canada

Despite yesterday's surprise Canadian rate hike, the markets still anticipate a Fed pause next week.

Stock Analysis Using the P/E Ratio

Find out what traders should look for and look out for with the price-to-earnings ratio (P/E ratio).

This material is intended for informational purposes only and should not be considered a personalized recommendation or investment advice. Investors should review investment strategies for their own particular situations before making any investment decisions.

All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.

Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.

Whether you are investing in a SPAC by participating in its IPO or by purchasing its securities on the open market following an IPO, you should carefully read the SPAC's IPO prospectus as well as its periodic and current reports filed with the SEC pursuant to its ongoing reporting obligations.

Investing involves risks, including loss of principal.

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