Shares of CSLM Acquisition Corp. (NASDAQ:CSLM – Get Free Report) traded up 0.4% during trading on Tuesday . The company traded as high as $11.32 and last traded at $11.32. 803 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 35,412 shares. The stock had previously closed at $11.28.
CSLM Acquisition Trading Up 0.4 %
The company has a fifty day simple moving average of $11.30 and a two-hundred day simple moving average of $11.25.
Institutional Investors Weigh In On CSLM Acquisition
A number of institutional investors and hedge funds have recently modified their holdings of CSLM. Periscope Capital Inc. grew its holdings in CSLM Acquisition by 0.6% during the first quarter. Periscope Capital Inc. now owns 352,132 shares of the company’s stock valued at $3,888,000 after purchasing an additional 2,236 shares during the period. Spartan Fund Management Inc. grew its holdings in shares of CSLM Acquisition by 72.4% in the 2nd quarter. Spartan Fund Management Inc. now owns 20,253 shares of the company’s stock valued at $228,000 after buying an additional 8,508 shares during the period. Mizuho Securities USA LLC increased its position in shares of CSLM Acquisition by 11.4% in the 1st quarter. Mizuho Securities USA LLC now owns 355,494 shares of the company’s stock valued at $3,893,000 after buying an additional 36,379 shares in the last quarter. K2 Principal Fund L.P. acquired a new stake in CSLM Acquisition during the 2nd quarter worth $1,172,000. Finally, Logan Stone Capital LLC bought a new position in CSLM Acquisition during the second quarter worth about $1,571,000. 46.80% of the stock is owned by institutional investors.
CSLM Acquisition Company Profile
CSLM Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on companies operating in the technology, digital media, e-commerce, financial technology, or digital services sectors.
Read More
- Five stocks we like better than CSLM Acquisition
- 3 Small Caps With Big Return Potential
- Palantir Cracks $50, Is There Still Time to Get on Board?
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Insider Buying Signals Upside for These 3 Stocks
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- These 2 Big Players Are Set to Compete With Elon Musk’s Starlink
Receive News & Ratings for CSLM Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CSLM Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
