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A Special Purpose Acquisition Company (SPAC) is formed by raising capital to take a private company public. They've been around for a while but have increased in popularity in recent years. So far in 2020, 91 SPACs have been formed and raised about $36.2 billion.

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    Salesforce.com Inc (NYSE: CRM)

    Overview
    current price
    $235.99
    $235.99
    change
    -11.79 | -4.76%
    -11.79 | -4.76%
    Yesterday's Close
    247.78
    open
    248.49
    volume
    7.50 M
    30d. avg volume.
    11.15 M
    1 day
    235.35 - 248.77
    52 weeks
    115.29 - 284.50
    p/e
    99.11
    beta
    1.2405
    market cap
    225.48 B
    dividend yield
    0.00%
    Industry
    -
    News and Commentary
    Snowflake Prepares for IPO with Higher Initial Price Cloud storage and analysis provider Snowflake is preparing for its IPO this week, with a second increase in the company's initial share price bringing greater attention to the so...
    The Post-Labor Day IPO Surge Finally Arrives The highly anticipated post-Labor Day holiday initial public offering surge is finally coming this week, with at least 12 companies set to debut in U.S. markets. This is expected...
    ESG Investing Gains Momentum in Wake of Pandemic Market Shake-up Socially conscience investing--looking into a public companies environmental, social, and governance factors for how they conduct business alongside more traditional financial me...
    Exxon Mobil Bows Out of the Dow as Software Takes its Place It's curtains for the energy giant Exxon Mobil (
    Market Update: Major Tech Rally Precedes Federal Reserve Powell's Monetary Policy Review Stocks rose on Wednesday, with another tech share rally surging the S&P 500 and Nasdaq to fresh record highs. Market sentiment was encouraged by positive coronavirus vaccine news...
    Salesforce Hits New Highs Following Earnings Beat Salesforce.com (CRM&nbs...
    Market Update: Benchmarks Mixed as Consumer Confidence Unexpectedly Declines in August Stocks ended Tuesday's session mixed as consumer confidence data fell to its lowest point since the beginning of the coronavirus pandemic. Yet, that did not stop the S&P 500 and...
    Easy Ways to Trade the Cloud Computing Industry The tech industry has been one of the only sectors that has been only minimally impacted by the coronavirus pandemic financial crisis that struck the market in late March. The te...
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