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Bill Ackman's SPAC Deal, Meme Stocks Rise, And Tesla Drops

Tim Mulholland, President, TJM Limited, Chicago

04-Jun-21 07:00

Bill Ackman's SPAC Deal, Meme Stocks Rise, And Tesla Drops

The meme stock rally is back, Tesla's shares took a hit, and oil and energy are on the rise. On top of that CNBC has reported that billionaire investor Bill Ackman’s SPAC is nearing a $40 billion deal to take Universal Music Group public. Tim Mulholland, President at TJM Limited, gets into all this on this edition of BFM's World Market Watch.

Produced by: Mike Gong

Presented by: Lyn Mak, Noelle Lim, Roshan Kanesan

Download the BFM mobile app. Stay at home and stay up-to-date.

Tags:  meme stockteslaoil and energyBill Ackmanuniversal musicGovernment/Regulatory/Policy MakingEconomy, MarketsTechnology news, reviewsPolitics, News, Current AffairsBusiness AnalysisTrends and ForecastsMarketsTechnologyTechPoliticsSocial Issueslaw & legal mattersInvestments


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