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2 Beaten-Down SPACs That Could Be Long-Term Home Runs

Matthew Frankel, CFP®, The Motley Fool
·4-min read
2 Beaten-Down SPACs That Could Be Long-Term Home Runs

This is especially true when it comes to companies that went public through special purpose acquisition companies, or SPACs, in the past couple of years. Offerpad Solutions (NYSE: OPAD) is an iBuyer that went public through a blank check company, or SPAC, in 2021, and like many SPAC IPOs, the stock has been hammered since going public.

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