Voyager Acquisition (NASDAQ:VACH) Shares Gap Down – Here’s What Happened

Voyager Acquisition Corp. (NASDAQ:VACH) gapped down before the market opened on Wednesday . The stock had previously closed at $17.30, but opened at $14.63. Voyager Acquisition shares last traded at $16.3910, with a volume of 9,087 shares.

Voyager Acquisition Stock Performance

The stock’s fifty day moving average is $11.90 and its 200-day moving average is $11.17.

Voyager Acquisition (NASDAQ:VACH) last announced its quarterly earnings results on Wednesday, May 20th. The company reported $0.01 earnings per share (EPS) for the quarter.

Institutional Trading of Voyager Acquisition

A number of hedge funds have recently added to or reduced their stakes in VACH. Shaolin Capital Management LLC purchased a new stake in Voyager Acquisition during the second quarter worth $3,116,000. Radcliffe Capital Management L.P. purchased a new stake in Voyager Acquisition during the second quarter worth $5,193,000. Crossingbridge Advisors LLC purchased a new stake in Voyager Acquisition during the third quarter worth $490,000. Mangrove Partners IM LLC boosted its holdings in Voyager Acquisition by 4.6% during the third quarter. Mangrove Partners IM LLC now owns 450,000 shares of the company’s stock worth $4,723,000 after buying an additional 19,797 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC boosted its holdings in Voyager Acquisition by 6.2% during the third quarter. Schonfeld Strategic Advisors LLC now owns 184,739 shares of the company’s stock worth $1,939,000 after buying an additional 10,767 shares in the last quarter.

Voyager Acquisition Company Profile

Voyager Acquisition Corp. (NASDAQ: VACH) is a special purpose acquisition company incorporated as an exempted company with limited liability under the laws of the Cayman Islands. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase or similar business combination with one or more businesses, with an emphasis on identifying and partnering with companies in the technology and technology‐enabled services sectors.

Voyager Acquisition Corp.