One sure sign that we’re in the midst of a market rally is that Nanalyze subscriptions are selling like hotcakes. While that’s partly thanks to the popularity of our Nanalyze YouTube channel, retail investors are more likely to invest in trustworthy investment tools when the market is hot rather than when it is not. Of course, the recovery has been uneven among tech stocks, particularly ones that went public through special purpose acquisition companies (SPACs). For instance, just 3% of the nearly 200 companies that merged with blank-check firms in 2021 are trading above their original $10 price, according to Renaissance Capital (via Fortune).
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