Lordstown, Velodyne controversies expose SPAC pitfalls

In this video

Share

Lordstown, Velodyne controversies expose SPAC pitfalls

SPACs have been hailed as a more efficient way to go public and a way to allow the everyday investor to bet on earlier stages of growth, but there are signs that some companies weren't ready for their debuts. CNBC's Leslie Picker reports.
01:26
Tue, Jun 22 20218:20 AM EDT