Special Opportunities Fund (SPE) falls 0.90% on Moderate Volume January 14

Equities Staff  |

Today, Special Opportunities Fund Inc Inc’s (NYSE: SPE) stock fell $0.14, accounting for a 0.90% decrease. Special Opportunities Fund opened at $15.64 before trading between $15.65 and $15.40 throughout Friday’s session. The activity saw Special Opportunities Fund’s market cap fall to $131,424,965 on 57,440 shares -below their 30-day average of 59,897.

About Special Opportunities Fund Inc

Special Opportunities Fund, Inc. (formerly, Insured Municipal Income Fund Inc.) was incorporated in Maryland on February 19, 1993, and is registered with the Securities and Exchange Commission under the Investment Company Act of 1940, as amended, as a closed-end diversified management investment company. Effective December 21, 2009, the Fund changed its name to the Special Opportunities Fund, Inc. and effective January 25, 2010 changed its investment objective to total return. The Fund’s investment advisor, Bulldog Investors LLC, employs an opportunistic investment philosophy with a particular emphasis on investing in discounted closed-end funds, undervalued operating companies, and other attractive special situations including risk arbitrage and distressed securities.

Visit Special Opportunities Fund Inc's profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on Special Opportunities Fund Inc and to follow the company's latest updates, you can visit the company's profile page here: Special Opportunities Fund Inc's Profile. For more news on the financial markets be sure to visit Equities News. Also, don't forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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