Launch One Acquisition Corp. (NASDAQ:LPAAU – Get Free Report) shares traded up 0.3% on Thursday . The company traded as high as $10.66 and last traded at $10.66. 400 shares were traded during trading, a decline of 89% from the average session volume of 3,524 shares. The stock had previously closed at $10.63.
Launch One Acquisition Price Performance
The business’s 50 day simple moving average is $10.72 and its 200 day simple moving average is $10.74.
Hedge Funds Weigh In On Launch One Acquisition
A hedge fund recently raised its stake in Launch One Acquisition stock. Clear Street LLC raised its holdings in Launch One Acquisition Corp. (NASDAQ:LPAAU – Free Report) by 517.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,319 shares of the company’s stock after buying an additional 12,001 shares during the period. Clear Street LLC’s holdings in Launch One Acquisition were worth $151,000 at the end of the most recent quarter.
About Launch One Acquisition
LaunchOne Acquisition (NASDAQ:LPAAU) is a special purpose acquisition company incorporated in Delaware in 2022. As a blank-check vehicle, it raises capital through an initial public offering of units, each consisting of one Class A ordinary share and a fraction of a warrant, with the objective of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or other business combination with one or more businesses.
The company’s management team brings experience in private equity, growth investing and capital markets.
See Also
- Five stocks we like better than Launch One Acquisition
- How to Calculate Return on Investment (ROI)
- These 3 Banks Are Rallying Into Year-End, But Will It Continue?
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- 3 Surging Stocks Just Got the Ultimate Stamp of Approval From the S&P 500
- Following Congress Stock Trades
- This ETF Caught a Major Tailwind After the Fed’s Rate Cut
Receive News & Ratings for Launch One Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Launch One Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
