Many investors have stayed away from purchasing shares of the nation’s largest music publishers since the Covid-19 pandemic began. This includes Sony Corporation (NYSE:SONY). The price of SONY stock has risen a whopping 259% over the last five years. Yet no one seems to notice. Source: Shutterstock Much of this investor apprehension likely stems from…

This has been a fascinating — and volatile — year for special purpose acquisition company (SPAC) mergers. After the bubble seemingly burst, former President Donald Trump turned things around with his Digital World Acquisition (NASDAQ:DWAC) deal. Now, investors are once again closely watching blank-check companies, including some older names that have yet to find targets.…

Since July, I haven’t written about Pershing Square Tontine Holdings (NYSE:PSTH) stock. At the time, it was trying to stickhandle its way through a tricky investment in Universal Music Group (OTCMKTS:UMGNF). Source: Dmitry Demidovich/ShutterStock.com That deal never happened. The SEC turned the deal down. As a result, Bill Ackman’s Pershing Square bought 10% of Universal…

Everything with Bill Ackman’s Pershing Square Tontine Holdings (NYSE:PSTH) SPAC (special purpose acquisition company) is complicated. When it comes to SPAC stocks, PTSH is just a little different than the rest. Source: Dmitry Demidovich/ShutterStock.com First, Ackman set up the deal with a different structure ($20 par value vs. $10 for other SPACs) compared to others. Then,…