Radcliffe Capital Management L.P. bought a new stake in shares of Maywood Acquisition Corp. (NASDAQ:IPEX – Free Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 112,061 shares of the company’s stock, valued at approximately $1,152,000.
Separately, Magnetar Financial LLC acquired a new stake in Maywood Acquisition in the fourth quarter valued at approximately $2,565,000.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings raised Maywood Acquisition from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday, May 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Maywood Acquisition currently has an average rating of “Sell”.
Maywood Acquisition Stock Down 0.1%
Shares of IPEX opened at $10.49 on Wednesday. The stock’s 50-day moving average price is $10.45. Maywood Acquisition Corp. has a one year low of $10.07 and a one year high of $10.51.
Maywood Acquisition (NASDAQ:IPEX – Get Free Report) last announced its quarterly earnings data on Friday, May 15th. The company reported $0.02 earnings per share for the quarter.
Maywood Acquisition Company Profile
We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. We have not selected any target business and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any target business regarding an initial business combination with our company.
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