What does OWL do? I bought some during the crash around the 52W lows. Chart looks interesting.
Ted OWL was a SPAC and a good one. Several investment house assumed coverage.
SPAC bubble has burst, Blue Owl Luminar still have potential, Barron's says 10/01 OWL, CHPT, LAZR, RKLB, VCSA, SEAT One year ago, investors couldn't get enough of special-purpose acquisition companies. Now, they can't dump SPACs fast enough, Al Root writes in this week's edition of Barron's. New technologies, new capital, and optimistic business projections had investors dreaming of big gains from these blank-check companies, like the 250% pop in 2020. Now that bubble has popped, the author notes. Many of the stocks got what they deserved after offering financial guidance that has proven wildly off the mark, but not every company has failed so spectacularly, the publication adds. Many look like solid companies that made the bad choice of coming to market via a SPAC, the author writes,
such as Blue Owl Capital (OWL), ChargePoint (CHPT), Luminar (LAZR), Rocket Lab (RKLB), Vacasa (VCSA), and Vivid Seats (SEAT). Reference Link
At this point it may be worth holding.
I also like SEAT & CHPT from that list/