Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) Posts Earnings Results

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) issued its earnings results on Wednesday. The company reported $0.05 EPS for the quarter, FiscalAI reports.

Willow Lane Acquisition Corp. – Class A Ordinary Shares Trading Down 0.6%

WLAC traded down $0.07 during trading hours on Friday, hitting $12.00. The stock had a trading volume of 164,513 shares, compared to its average volume of 216,218. The company’s fifty day simple moving average is $12.19 and its 200 day simple moving average is $10.89. Willow Lane Acquisition Corp. – Class A Ordinary Shares has a 1 year low of $9.80 and a 1 year high of $15.19.

Analyst Ratings Changes

WLAC has been the subject of a number of research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in a report on Wednesday, October 8th. DA Davidson began coverage on Willow Lane Acquisition Corp. – Class A Ordinary Shares in a research report on Tuesday, October 7th. They issued a “buy” rating and a $15.00 target price on the stock. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Willow Lane Acquisition Corp. – Class A Ordinary Shares presently has an average rating of “Hold” and a consensus price target of $15.00.

Institutional Trading of Willow Lane Acquisition Corp. – Class A Ordinary Shares

A number of hedge funds have recently made changes to their positions in the stock. Picton Mahoney Asset Management bought a new stake in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the first quarter valued at approximately $5,010,000. Wolverine Asset Management LLC boosted its holdings in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares by 446,580.0% during the 1st quarter. Wolverine Asset Management LLC now owns 446,680 shares of the company’s stock valued at $4,476,000 after acquiring an additional 446,580 shares during the last quarter. Condor Capital Management bought a new position in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in the 1st quarter worth approximately $115,000. Virtu Financial LLC bought a new position in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in the first quarter worth approximately $273,000. Finally, Kepos Capital LP bought a new stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in the first quarter worth about $5,290,000.

About Willow Lane Acquisition Corp. – Class A Ordinary Shares

Willow Lane Acquisition Corp. is a blank check company, which engages for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on July 3, 2024 and is headquartered in New York, NY.