Bold Eagle Acquisition (NASDAQ:BEAGU) Stock Price Down 0% – Here’s Why

Shares of Bold Eagle Acquisition Corp. (NASDAQ:BEAGU) fell 0% on Wednesday . The company traded as low as $11.03 and last traded at $10.9170. Approximately 106 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 5,450 shares. The stock had previously closed at $10.92.

Bold Eagle Acquisition Price Performance

The firm’s 50-day moving average is $10.93 and its two-hundred day moving average is $10.85.

Hedge Funds Weigh In On Bold Eagle Acquisition

A hedge fund recently raised its position in Bold Eagle Acquisition stock. Susquehanna International Group LLP grew its holdings in shares of Bold Eagle Acquisition Corp. (NASDAQ:BEAGU) by 6.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,655 shares of the company’s stock after buying an additional 1,022 shares during the quarter. Susquehanna International Group LLP’s holdings in Bold Eagle Acquisition were worth $187,000 at the end of the most recent reporting period.

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.