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Short interest in GameStop was valued at $2.58 billion, or 24.3% of the stock´s float on Tuesday, compared to $1.80 billion, 32. Should you cherished this article in addition to you desire to acquire more details concerning [https://movecasino.com/happyluke/ สมัคร ut9win] generously stop by our own web site. 6% in late February, according to data from financial analytics firm S3 Partners. ET, the Dow Jones Industrial Average rose 168.01 points, or 0.53%, to 31,970.45, the S&P 500 gained 57.06 points, or 1.49%, to 3,878.41 and the Nasdaq Composite gained 399.55 points, or 3.17%, to 13,008.71.<br><br>Special purpose acquisition companies, or SPACs, are shell companies which raise funds to acquire a private entity with the aim of taking it public, allowing such companies to sidestep a traditional IPO to enter public markets. The global economic outlook has brightened as vaccine rollouts gain speed and the United States launches a massive new stimulus package, the Organisation for Economic Cooperation and Development said, hiking its 2021 growth forecasts.<br><br>Cryptocurrency supporters, however, say the rationale for companies to buy bitcoin is clear, not least the decline of the dollar - the dominant reserve currency - which has fallen about 4.5% against a basket of major currencies in the past year. Other potential headaches for executives include questions over how a company can safely hold a cryptocurrency, and how much it should disclose to shareholders about security precautions, said Tim Davis, principal in the financial and risk advisory practice at Deloitte & Touche, which advises firms on holding crypto on their balance sheets.<br><br>GameStop shares jump for the fifth day running Tuesday with a nearly 100% gain after Chewy's founder took over online sales and amid speculation Reddit investors will pour their stimulus checks into stocks. Preliminary studies suggest the AstraZeneca vaccine will protect against the P1 variant, Mauricio Zuma, the head of production at Brazil's Fiocruz biomedical institute, said on Monday, confirming a Reuters report on Friday. "It is never a good idea to invest in a SPAC just because someone famous sponsors or invests in it or says it is a good investment," the SEC said.<br><br>website The recent SPAC frenzy has attracted the attention of a number of mainstream celebrity figures such as rap star Jay-Z, tennis legend Serena Williams and National Basketball Association Hall of Famer Shaquille O'Neal who have either sponsored their own blank-check firms or joined the boards of other SPACs. President Jair Bolsonaro, who has played down the gravity of the novel coronavirus and questioned the "rush" for vaccines, took part personally in a video call with executives at Pfizer , reaching a spoken agreement to buy their vaccine.<br><br>March 10 (Reuters) - The U.S. Securities and Exchange Commission (SEC) cautioned investors on Wednesday about buying shares of so-called special purpose acquisition companies only because they are backed by celebrities, including movie stars and athletes. | |||
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