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What You Need to Know About SPACs?

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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    General Motors Co (NYSE: GM)

    Overview
    current price
    $29.34
    $29.34
    change
    -0.10 | -0.34%
    -0.10 | -0.34%
    Yesterday's Close
    29.44
    open
    29.49
    volume
    10.89 M
    30d. avg volume.
    16.23 M
    1 day
    29.20 - 29.99
    52 weeks
    14.33 - 38.96
    p/e
    28.04
    beta
    1.4486
    market cap
    42.13 B
    dividend yield
    0.00%
    Industry
    -
    News and Commentary
    Nikola's Clash with Short Seller Hindenburg Research Continues Nikola (NKLA 
    The Future of GM: The Ultium Drive and Flying Cars The future of General Motors (G...
    Market Update: Tech Shares Drag Broader Market Lower as Sentiment Sours Stocks ended Thursday's session in negative territory as major tech shares continued to drive the broader market lower and caution took hold of investor sentiment following the F...
    Nikola's Rollercoaster Week General Motors (GM ...
    Honda, General Motors Enter a New Automotive Alliance General Motors (GM ...
    Market Update: Tech Sell-Off Continues as Broader Market Falls Wall Street fell on Tuesday as investors feared that mega-cap tech stocks may be overvalued after weeks of outperformance, pushing the broader market closer to correction territo...
    Pfizer's Coronavirus Vaccine Candidate Could Produce Results by October, CEO Says Pfizer's (PFE 
    Online Car Sellers Flourish Amid Coronavirus Pandemic It's no secret that e-commerce has seen a huge jump in revenue during the coronavirus pandemic, but that online shopping itch doesn't stop at online market places like Amazon
    Judge Refuses GM Bid to Reopen Fiat-Chrysler Lawsuit A U.S. District Judge in Detroit has shot down General Motors'
    Electric Vehicle Market Getting Frothy At the start of 2020, there was a period of frenzy with certain stocks seeing huge moves like Tesla
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