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1 Stock I'm About to Sell

TheMotleyFool

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When Bill Ackman launched $4 billion special purpose acquisition company (SPAC) Pershing Square Tontine Holdings (NYSE: PSTH), Fool.com contributor Matt Frankel, CFP, bought shares. As the largest SPAC in the world, and with a successful billionaire investor at the helm, it seemed like a good place to park some capital. However, after a few big setbacks, it could finally be time to move on. In this Fool Live video clip, recorded on Aug 23, Frankel and Industry Focus host Jason Moser discuss why this SPAC isn't as appealing as it was a few months ago.

Source Fool.com

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