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2 Ex-SPACs I Wouldn't Touch Right Now

Hundreds of businesses went public during the SPAC boom of 2020 and 2021, and to be fair, some of them are doing quite well and delivering for investors. Two in particular I'd stay away from right now are property technology company Latch (NASDAQ: LTCH) and genetics business 23andMe (NASDAQ: ME). Both are losing money at an alarming pace and don't have clear paths to profitability, which isn't exactly a good combination in today's economic climate.