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Shares of Health Assurance Acquisition Corp. (NASDAQ:HAAC – Get Rating) saw unusually-high trading volume on Monday . Approximately 4,745 shares changed hands during mid-day trading, a decline of 96% from the previous session’s volume of 113,072 shares.The stock last traded at $9.81 and had previously closed at $9.81. The stock’s 50 day moving average price […]
Best SPAC Stocks for Monday
Watch for more short seller activity on SPAC stocks and lots of opportunities to buy below NAV. Will CLOV surge on short squeeze?
Author:
Apr 19, 2021
Last week was another relatively quiet week in the SPAC market with no new IPOs that s the first time in quite a while with no new supply. There were also only 3 new SPAC S-1s filed, for $350m, in another positive sign for the health of the SPAC market. Don t expect a major change in activity this week as the headwinds from the SEC and general oversupply remain in effect. But, remember, this slowdown is good news and shows the market is getting healthier.