Pros Love to Short SPACs. With This ETF, You Can Too March 16, 2021
Special purpose acquisition companies (SPACs) continue to rack up attention in the media. Short sellers are increasingly shorting SPACs themselves and the companies that emerge from deals with blank-check firms.
Investors may soon be able to tap into that trend with a new exchange traded fund courtesy of Tuttle Tactical Management.
“Tuttle is preparing to launch an ETF that bets against ‘de-SPAC’ stocks of companies that have merged with a SPAC like electric-truck manufacturer Nikola Corp. and baked-goods maker Hostess Brands Inc. and a separate fund that invests in the stocks,” reports the
Eduardo Marques
Publicis Groupe BeNe (Belgium and The Netherlands) has appointed Eduardo Marques to serve as its chief creative officer.
Marques, a Brazilian who has experience across international markets including U.S. and Europe, has won 40 Cannes Lions, including three Grands Prix and a Titanium Lion. He has also won Black Pencils at D&AD and The One Show, during his time at 180LA and Publicis Spain.
Marques will divide his time between Netherlands and Belgium and will join the BeNe board of Publicis Groupe. Marques is best known for his IKEA campaign “Real Life Series” and of course, the “Moldy Whopper” for Burger King.