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Fortune
Fortune
Christiaan Hetzner

Vishal Garg, the CEO who mass sacked employees over Zoom, suffers epic SPAC disaster as shares nosedive over 90%

A worried stock market trader looks up at the big board. (Credit: Johannes Eisele—AFP/Getty Images)

There is only one word in the English language that comes close to capturing the essence of fintech Better.com’s first day trading on the stock market—bloodbath.

When Thursday finally drew to a close, 93% of investor capital tied up the online mortgage lender had been vaporized in a single trading session. 

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