Tag Archives: hedge funds

SPAC of Everything: Challenging Financial Regulation in Times of Crisis

By | July 27, 2021

By the end of 2020, more than 240 special-purpose acquisition companies (SPACs) listed in the U.S. (on NASDAQ or the NYSE), raising a record $83 billion, according to SPAC Research. SPACs have already surged past last year’s record in the first quarter of 2021, raising $98.1 billion. These numbers are eye-catching. In 2007, the average… Read More »

INSIDER TRADING AS A RESPONSE TO SOCIAL-MEDIA-DRIVEN TRADING

By | July 1, 2021

Expressive Trading and Markets The phenomenon of social-media-driven trading (SMD trading) entered the public consciousness earlier this year when GameStop’s stock price was driven up two orders of magnitude by a “hivemind” of individual investors coordinating their actions via social media. Some believe that GameStop’s price is artificially high and is destined to fall. Yet the stock prices of… Read More »