Will This Megadeal Reignite the SPAC Boom?

Dan Caplinger, The Motley Fool
·3-min read
Will This Megadeal Reignite the SPAC Boom?

Special purpose acquisition companies were a big catalyst in pushing the stock market to record highs in 2020 and early 2021. However, the SPAC boom has slowed down considerably in recent months, even though stock market benchmarks have continued to move broadly higher since then.