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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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    Mastercard Inc (NYSE: MA)

    Overview
    current price
    $331.78
    $331.78
    change
    0.00 | 0.00%
    0.00 | 0.00%
    Yesterday's Close
    331.78
    open
    0.00
    volume
    0.00 M
    30d. avg volume.
    3.53 M
    1 day
    0.00 - 0.00
    52 weeks
    199.99 - 367.25
    p/e
    45.95
    beta
    1.1049
    market cap
    329.30 B
    dividend yield
    0.48%
    Industry
    -
    News and Commentary
    European Countries to Create Stablecoin Regulations Last week, 5 European countries called...
    Apple Buys Startup in Mobile Payments Market Bid Apple (AAPL 
    European Union Banks to Launch Visa and Mastercard Competitor A group of 16 European banks is set to launch a new payment system intended to compete with American financial giants Visa
    Dell CEO Takes Pay Cut of $950,000 Amid Coronavirus Uncertainty Billionaire Michael Dell, founder and CEO of Texas-based Dell Technologies
    Credit Card Data Shows Concerning Signs Recent credit card spending data and earnings from major banks paint a troubling picture for the consumer. It continues a recent theme of the stock market being oblivious to the...
    Trump Weekly: The Lies of the "Wartime President" Cases of COVID-19 in the United States have reached nearly 33,000, but the Trump Administratio...
    Market Update: Stocks Extend Monday's Steep Decline Global stocks continued to decline on Tuesday, with the Dow almost matching its over 1,000 point drop from Monday and the S&P 500 and Nasdaq both continuing to fall sharply. Tech...
    Market Update: Apple Warns Coronavirus Impact on Quarterly Revenue Apple (AAPL 
    FinTech Stocks Big Winners in Bull Market FinTech, a shorthand for financial technology, has been one of the strongest areas of the stock market over the past year and decade. Different parts of the financial economy are...
    New York City Stores Now Required by Law to Accept Cash The New York City Council passed legislation banning cashless businesses in New York City in an effort to make food and retail shopping more accessible to all individuals, even t...
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