Investors 'skeptical' of SPACs, IPOs -analyst

Shares of SoftBank-owned WeWork jumped as they finally started trading in New York on Thursday, capping an arduous journey to the public markets for the storied office-sharing company that was once valued as high as $47 billion.

Despite the positive debut, Gabriel noted, "(It) just seems that the market has turned a little bit skeptical of companies that are coming public through SPACs or companies that have been IPO-ing."

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