Some day traders are moving into companies that go public through SPACs, even after investors pull tens of millions of dollars out of the deals
Day traders are targeting some companies that recently closed SPAC mergers, reinvigorating some of theThe latest special-purpose-acquisition-company excitement focuses on firms like cybersecurity firm IronNet Inc.
that suffered significant investor withdrawals ahead of going public by closing SPAC mergers. High withdrawals leave the companies going public with less cash to put into their businesses and can make it harder for them
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