StoneBridge Acquisition Co. (NASDAQ:APAC – Get Free Report)’s stock price traded up 0% on Thursday . The stock traded as high as $10.16 and last traded at $10.1640. 365 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 2,392 shares. The stock had previously closed at $10.16.
Analyst Ratings Changes
Separately, Weiss Ratings upgraded shares of StoneBridge Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.
Check Out Our Latest Analysis on StoneBridge Acquisition
StoneBridge Acquisition Stock Up 0.0%
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the business. ABC Arbitrage SA acquired a new stake in shares of StoneBridge Acquisition during the 4th quarter worth about $199,000. Westchester Capital Management LLC purchased a new position in StoneBridge Acquisition in the fourth quarter valued at approximately $796,000. Berkley W R Corp purchased a new position in StoneBridge Acquisition in the fourth quarter valued at approximately $1,128,000. Sona Asset Management US LLC acquired a new stake in StoneBridge Acquisition during the first quarter worth approximately $1,177,000. Finally, Boothbay Fund Management LLC acquired a new stake in StoneBridge Acquisition during the fourth quarter worth approximately $1,368,000. Hedge funds and other institutional investors own 19.18% of the company’s stock.
StoneBridge Acquisition Company Profile
StoneBridge Acquisition Corporation does not have significant operations. It intends to effect a merger, capital share exchange, asset acquisition, share purchase, reorganization, or similar Business Combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.
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