Highview Merger (NASDAQ:HVMC – Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.06 earnings per share for the quarter, FiscalAI reports.
Highview Merger Stock Performance
Shares of NASDAQ:HVMC traded up $0.01 during trading on Friday, reaching $10.12. 157,503 shares of the company were exchanged, compared to its average volume of 38,552. The business’s fifty day simple moving average is $10.09. Highview Merger has a 12-month low of $9.93 and a 12-month high of $10.15.
Hedge Funds Weigh In On Highview Merger
A number of institutional investors have recently modified their holdings of HVMC. Adage Capital Partners GP L.L.C. purchased a new position in shares of Highview Merger during the fourth quarter worth approximately $18,000,000. AQR Arbitrage LLC bought a new position in shares of Highview Merger during the fourth quarter valued at approximately $12,682,000. Alberta Investment Management Corp bought a new position in shares of Highview Merger during the fourth quarter valued at approximately $12,500,000. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Highview Merger during the fourth quarter valued at approximately $10,000,000. Finally, Magnetar Financial LLC bought a new position in shares of Highview Merger during the fourth quarter valued at approximately $9,293,000.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on HVMC
About Highview Merger
We are a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.
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