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Why Osprey Technology Acquisition Stock Fell 11.6% in March

TheMotleyFool

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Why Osprey Technology Acquisition Stock Fell 11.6% in March

Shares of Osprey Technology Acquisition (NYSE: SFTW) dipped 11.6% in March, according to data from S&P Global Market Intelligence. Valuations for many special purpose acquisition companies (SPACs) fell as the market moved out of growth-dependent tech stocks last month, and Osprey was hit by the pullback.