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The GEO Group (NYSE:GEO) Stock Rating Lowered by Zacks Investment Research

The GEO Group (NYSE:GEO) Stock Rating Lowered by Zacks Investment Research
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Disinterest Driving the SPAC Slowdown Is Misplaced, Money Manager Says


Still, with SPACs raising more money in the first three months of 2021 than they did throughout all of last year, some of the recent disinterest may be misplaced, Morgan Creek Capital Management s Mark Yusko told CNBC this week.
This is a long-term trend, Yusko, his firm s founder, CEO and chief investment officer, said Monday on CNBC s ETF Edge. The SPAC merger, we believe, will become the preferred method for high-growth, innovative companies, or what we call the companies of the future, to go public.
After a frenetic first quarter for new issuances and the SEC crackdown, it s normal and natural to have a little lull, he said. ....

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Pros Love to Short SPACs. With This ETF, You Can Too


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 ....

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Now, a FOMO-branded fund for all investors worried about missing out


No shortage of risks
This ETF was pretty inevitable given the market we are in and features one of the longest risks sections I ve seen in a prospectus in a long time, said Eric Balchunas, ETF analyst for Bloomberg Intelligence. But it may simply have too much going on to have a breakout.
If it comes to market, FOMO will be the latest in a series of ETFs appealing to the runaway risk appetite sweeping across assets. The VanEck Vectors Social Sentiment exchange-traded fund, which aims to buy the stocks most loved by investors online, had one of the strongest debuts on record last week after it was promoted by Barstool Sports Inc. founder Dave Portnoy. ....

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