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SEC Warns Against Investing In SPACs Based Solely On Celebrity Backing
Сегодня, 08:19 | Автор: AndyLeake44736 | Категория: Работа с текстом
GameStop shares were up 23.5% to $239.80 in early trading, a day after the company entrusted leadership of its online sales efforts to board member and major shareholder Ryan Cohen, co-founder of online pet retailer Chewy Inc. Senate Banking, Housing and Urban Affairs Committee planned a remote hearing titled "Who Wins on Wall Street? GameStop, Robinhood, and the State of Retail Investing." (Reporting by Aaron Saldanha in Bengaluru, Danilo Masoni in Milan and Saqib Ahmed in New York; editing by Patrick Graham, Ira Iosebashvili and David Gregorio) He joked Wednesday that he contemplated running out from behind a curtain at the live press conference and jumping on the table to prove he's healing from the Week 5 ankle injury that ended his 2020 season.

Dallas most recently applied the franchise tag on him last March 16 in a deal that was worth $31.4 million for the 2020 season. Special purpose acquisition companies, or SPACs, are shell companies which raise funds to acquire a private entity with the aim of taking it public, allowing such companies to sidestep a traditional IPO to enter public markets. "It is never a good idea to invest in a SPAC just because someone famous sponsors or invests in it or says it is a good investment," the SEC said.

website The recent SPAC frenzy has attracted the attention of a number of mainstream celebrity figures such as rap star Jay-Z, tennis legend Serena Williams and National Basketball Association Hall of Famer Shaquille O'Neal who have either sponsored their own blank-check firms or joined the boards of other SPACs. The moves came after popular stock trading apps such as Robinhood and TD Ameritrade announced they would restrict trades of stocks being heavily bet on, including GameStop and AMC.

ET, and GameStop shares at least a dozen times. The New York Stock Exchange as well has stepped in amid the frenzy, temporarily halting AMC trading at least 10 times since the market opened at 9:30 a.m. Short interest in GameStop was valued at $2.58 billion, or 24.3% of the stockґs float on Tuesday, compared to $1.80 billion, 32.6% in late February, according to data from financial analytics firm S3 Partners. "I'm excited to be here and never leave.

Never in a million years did I imagine not being a Cowboy once I put on the Star," Prescott said. This is my home, I'm not leaving and this is only the beginning." "This is the right fit. Securities and Exchange Commission (SEC) cautioned investors on Wednesday about buying shares of so-called special purpose acquisition companies only because they are backed by celebrities, including movie stars and athletes. March 10 (Reuters) - The U.S. Find more great buys on the CNET Deals page and check out our CNET Coupons page for the latest Walmart discount codes, eBay coupons, Samsung promo codes and even more from hundreds of other online stores.

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