SPAC Opportunity or the Beginning of the End? What’s Going on in the Market?

Mar 4, 2021 INTEL by Kristi Marvin

The crack in the Street that began with 3 of last week’s 29 IPOs trading below issue price has become more like a sinkhole. Of today’s eight IPOs, only Khosla (KSVA) has managed to remain trading above $10.00. But not by much at $10.23. However, if Khosla had only managed to price 3 weeks ago,
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SPAC Opportunity or the Beginning of the End? What’s Going on in the Market?

SPAC Opportunity or the Beginning of the End? What’s Going on in the Market?

ByKristi Marvin