Analyzing the SPAC Boom: Insider Profits and Investor Losses

Companies, Financial economics, Industry Analysis, Investment Research, , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Abstract: This research article delves into the phenomenon of Special Purpose Acquisition Companies (SPACs) and their impact on investors and company insiders. By analyzing insider trading disclosures and Securities and Exchange Commission filings, we examine the extent of insider profits and subsequent investor losses within the SPAC market. Our findings reveal that executives and early…

Read More

Intel Cuts Dividend Amid Turnaround Efforts

Companies, Intel Corporation, , , , , , , , , , , , , , , , , , , , , , , ,

Intel Corporation, the world’s largest chipmaker, has announced a two-thirds cut in its dividend, dropping it to 50 cents a year. The move comes as the company faces mounting pressure to fund its expensive turnaround plan amid concerns over its competitive position and a sinking market for PC sales that still drives the bulk of…

Read More