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Battered SPACs and Closed-End Funds Finally Look Tempting. How Investors Can Play Them.

Por: MarketWatch Business December 02, 2022

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They’re the opposite of Cathie Wood stocks, observes Patrick Galley, CEO of RiverNorth Capital Management, a Chicago-based manager for alternative strategies. Many SPACs went public during the frenzy for the hypergrowth shares that populated her exchange-traded fund (ticker: ARKK) in 2020 and 2021, as many individual investors took their federal stimulus money on a throw of the dice on SPACs that might hit it big by taking a wunderkind private... + full article



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