Clover stock price

SPACs are having a resurgence after a sharp, two-year slowdown as regulatory scrutiny , disappointing post-merger performance and rising rates dampened investor appetite. Many SPACs liquidated rather than find deals, and the once red-hot sector became a cautionary tale. Now, with traditional initial public offerings returning and the broader stock market charging ahead, dealmakers are dusting off the structure. Demand for the next 12 months is expected to accelerate above its two-year trend as Wall Street forecasts robust revenue growth of 31.8% The intraday action on Clover stock price shows support forming near $0.84, based on multiple tests in last sessions. This could underpin a swing trade setup targeting $0.95 resistance, contingent on broader market risk appetite.