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After rumors of a new and highly anticipated Nintendo Switch 2, a recent report suggests that its release will be delayed, causing a drop in the company's shares on February 19th.
Better.com was betting on a winning formula that included breakthrough technology, billion-dollar valuations, and a burgeoning housing market. However, in a startling turn of events, the hopes and expectations of the online mortgage lender were dashed when its stock plummeted a staggering 93% as a result of a much-anticipated Special Purpose Acquisition Company (SPAC) merger with Aurora Acquisition Corp. Better.com's financial devastation serves as a grim reminder that even the most promising start-ups are not immune to the rough waters