SPACs Tumble, Punishing Investors

A.M. Edition for May 19. WSJ's Amrith Ramkumar on why SPACs have lost their shine over the recent months. WSJ's Rochelle Toplensky explains why hedge funds are betting on private companies. New York is opening a criminal probe into Trump's business. Hotels are ready to open, but they are facing staffing shortages. Peter Granitz hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices