CSLM Acquisition Corp. (NASDAQ:CSLM – Get Free Report)’s share price was down 6.1% during mid-day trading on Wednesday . The company traded as low as $11.60 and last traded at $11.27. Approximately 2,489 shares were traded during mid-day trading, an increase of 38% from the average daily volume of 1,810 shares. The stock had previously closed at $12.00.
CSLM Acquisition Stock Performance
The company has a 50-day simple moving average of $11.47 and a two-hundred day simple moving average of $11.37.
Institutional Trading of CSLM Acquisition
A hedge fund recently bought a new stake in CSLM Acquisition stock. Wolverine Asset Management LLC purchased a new position in shares of CSLM Acquisition Corp. (NASDAQ:CSLM – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 2,846 shares of the company’s stock, valued at approximately $33,000. Institutional investors own 46.80% of the company’s stock.
About CSLM Acquisition
CSLM Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on companies operating in the technology, digital media, e-commerce, financial technology, or digital services sectors.
Featured Articles
- Five stocks we like better than CSLM Acquisition
- Investing in Construction Stocks
- 3 Reasons Micron Stock Is Deeply Undervalued Right Now
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- Inflation Persists, But So Do Stock Opportunities: Rally On
- How to Evaluate a Stock Before BuyingÂ
- Energy Transfer Fuels the Cloud: A Natural Gas Power Play
Receive News & Ratings for CSLM Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CSLM Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
