The Shell Companies Taking Over Wall Street

The Journal. - A podcast by The Wall Street Journal & Gimlet

Companies with no business plan, no profit, and no revenue are flooding Wall Street. They're called SPACs, and investors are pouring money into them. WSJ's Maureen Farrell explains the forces behind the market's SPAC boom and what it could mean for investors. Learn more about your ad choices. Visit megaphone.fm/adchoices