The dot.com bubble did not end well for stock markets or investors. Further, it precipitated a range of unethical and manipulative practices that stained Wall Street and financial analysts for years.
Fast forward to the fall of 2021, and the long-dormant SPAC structure (Special Purpose Acquisition Company) for taking companies public appears to be provoking a similar dynamic in terms of unethical and manipulative practices and/or unwarranted speculation detached from any fundamental data or analysis.
As…
This post was originally published on Market Watch
