This is our monthly checkup on the top performing SPAC IPO stocks. It's been an extra volatile year so far, and it's likely to stay that way for a while. Here we'll hit the top performers for the month, the week, 3 months, 6 months, and to date.
A recurring theme in performance this month is the return of retail investors to some of the SPAC IPO names, especially where floats are low, and there is substantial short interest.
Energy-related names have gotten a double boost from higher energy prices and potentially more favorable government support for renewable energy investments.
Some stocks, like Canoo $CNOO, responded to positive news regarding orders, but we still have no visibility on margins and investment returns.