Top Performing SPACs of 2020: Report

SPACs raised a record $82.1 billion in 2020 as of Dec. 24 — a sixfold increase from last year’s record high, according to data from Dealogic. How did they fare? Investopedia takes a look at the top 20 performers of the year based on return on investment. Read more.

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Beware the SPAC: Report

Either the SPAC manager finds an investment and keeps the large fees, up front fees and promote, or the SPAC manager has to give money back to investors, a Seeking Alpha columnist opines.