SurvivorFinancial Services
What Happened to Marketwise?
Ticker: MKTWSPAC Year: 2020
Return
+45.3%
Current Price
$14.53
Peak Price
$339.38
Trust Size
$218M
Summary
MarketWise is a financial research and publishing platform that owns Stansberry Research and other investment newsletter brands, serving over 15 million subscribers with stock picks and market analysis.
What Happened
MarketWise went public in July 2021 through a merger with Ascendant Digital Acquisition Corp. The company operates a portfolio of investment research brands including Stansberry Research, its flagship. MarketWise generates revenue through subscriptions to investment newsletters and has maintained profitability. The company has conducted share buybacks and the stock has recovered significantly from its post-SPAC lows.
Timeline
2020-07-14
S-1 Registration Filed
Risk Indicators
⚠️ Reverse Split