Bold Eagle Acquisition (NASDAQ:BEAGU) Stock Price Up 1.9% – What’s Next?

Bold Eagle Acquisition Corp. (NASDAQ:BEAGU) rose 1.9% on Thursday . The company traded as high as $10.99 and last traded at $10.99. Approximately 1 shares were traded during trading, a decline of 100% from the average daily volume of 28,633 shares. The stock had previously closed at $10.78.

Bold Eagle Acquisition Price Performance

The company has a 50 day simple moving average of $10.82 and a 200-day simple moving average of $10.84.

Hedge Funds Weigh In On Bold Eagle Acquisition

A hedge fund recently bought a new stake in Bold Eagle Acquisition stock. Clear Street Group Inc. purchased a new position in Bold Eagle Acquisition Corp. (NASDAQ:BEAGU) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 54,643 shares of the company’s stock, valued at approximately $585,000.

Bold Eagle Acquisition Company Profile

Bold Eagle Acquisition (NASDAQ: BEAGU) is a special purpose acquisition company incorporated in Delaware and listed on the Nasdaq Capital Market. The company was formed to raise capital in order to merge with, acquire or otherwise combine with one or more businesses, enabling a private company to become publicly traded without undergoing the traditional initial public offering process.

Through its initial public offering, Bold Eagle Acquisition offers units consisting of common shares and warrants.