Sona Asset Management US LLC acquired a new position in shares of AI Infrastructure Acquisition Corp. (NYSE:AIIA – Free Report) during the first quarter, HoldingsChannel.com reports. The institutional investor acquired 153,828 shares of the company’s stock, valued at approximately $1,543,000.
Separately, PNC Financial Services Group Inc. bought a new stake in shares of AI Infrastructure Acquisition during the 1st quarter valued at $1,504,000.
Wall Street Analyst Weigh In
Separately, Weiss Ratings upgraded AI Infrastructure Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.
AI Infrastructure Acquisition Stock Performance
AIIA stock opened at $10.18 on Monday. The firm has a 50-day moving average price of $10.16. AI Infrastructure Acquisition Corp. has a 12 month low of $9.85 and a 12 month high of $10.25.
About AI Infrastructure Acquisition
AI Infrastructure Acquisition Corp is a blank check company.
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