American Exceptionalism Acquisition (NYSE:AEXA) Hits New 12-Month Low – Here’s Why

Shares of American Exceptionalism Acquisition Corp. (NYSE:AEXA) reached a new 52-week low on Monday . The company traded as low as $10.49 and last traded at $11.41, with a volume of 118813 shares trading hands. The stock had previously closed at $11.32.

Wall Street Analyst Weigh In

AEXA has been the topic of several analyst reports. Wall Street Zen raised American Exceptionalism Acquisition to a “hold” rating in a research note on Monday, October 6th. Weiss Ratings reaffirmed a “sell (e)” rating on shares of American Exceptionalism Acquisition in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

American Exceptionalism Acquisition Price Performance

The business has a fifty day moving average price of $11.15.

Institutional Trading of American Exceptionalism Acquisition

A number of large investors have recently bought and sold shares of AEXA. Aventura Private Wealth LLC acquired a new position in shares of American Exceptionalism Acquisition in the fourth quarter valued at approximately $29,000. Scientech Research LLC bought a new stake in American Exceptionalism Acquisition in the 3rd quarter valued at $134,000. Deltec Asset Management LLC acquired a new position in American Exceptionalism Acquisition in the 3rd quarter worth $219,000. Graham Capital Wealth Management LLC bought a new position in American Exceptionalism Acquisition during the 3rd quarter worth about $463,000. Finally, Virtu Financial LLC acquired a new stake in shares of American Exceptionalism Acquisition in the 3rd quarter valued at about $509,000.

American Exceptionalism Acquisition Company Profile

We are led by Chamath Palihapitiya, the founder and Managing Partner of Social Capital. Like Social Capital, the company is formed to confront the world’s hardest problems. Although these problems have evolved over the past decade, our approach remains the same—with a dedication to first principles thinking, deep technological understanding and a willingness to be contrarian to consensus. — We intend to find companies that operate in sectors that we believe will be instrumental in maintaining U.S.