Bill Ackman's SPAC Deal, Meme Stocks Rise, And Tesla Drops
14 mins·07:00, 4 Jun 2021
Bill Ackman's SPAC Deal, Meme Stocks Rise, And Tesla Drops
14 mins
·
07:00, 4 Jun 2021
·
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41 mins
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45 mins
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.
Presenter: Lyn Mak, Noelle Lim, Roshan Kanesan
Producer: Mike Gong
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