L1 Global Manager Pty Ltd bought a new stake in Andretti Acquisition Corp. II (NASDAQ:POLE – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 100,000 shares of the company’s stock, valued at approximately $1,051,000. L1 Global Manager Pty Ltd owned approximately 0.34% of Andretti Acquisition Corp. II as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in POLE. FNY Investment Advisers LLC purchased a new position in Andretti Acquisition Corp. II in the fourth quarter valued at approximately $41,000. HRT Financial LP purchased a new position in Andretti Acquisition Corp. II in the fourth quarter valued at approximately $113,000. Clear Street Group Inc. purchased a new position in Andretti Acquisition Corp. II in the third quarter valued at approximately $149,000. Geode Capital Management LLC purchased a new position in Andretti Acquisition Corp. II in the fourth quarter valued at approximately $207,000. Finally, Sandia Investment Management LP purchased a new position in Andretti Acquisition Corp. II in the second quarter valued at approximately $415,000.
Andretti Acquisition Corp. II Stock Performance
Shares of Andretti Acquisition Corp. II stock opened at $10.74 on Friday. Andretti Acquisition Corp. II has a 52 week low of $10.36 and a 52 week high of $10.90. The firm’s 50 day moving average is $10.70 and its two-hundred day moving average is $10.62.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Andretti Acquisition Corp. II in a research note on Friday, March 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Andretti Acquisition Corp. II currently has a consensus rating of “Sell”.
Check Out Our Latest Stock Analysis on Andretti Acquisition Corp. II
About Andretti Acquisition Corp. II
Andretti Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering for the purpose of effecting a business combination. The company has no commercial operations of its own but seeks to merge with or acquire a private business with a focus on advanced mobility, high-performance automotive technologies, or related sectors. By leveraging the Andretti brand, it aims to align with firms operating at the intersection of motorsports and cutting-edge vehicle innovation.
The SPAC structure allows Andretti Acquisition Corp.
Read More
- Five stocks we like better than Andretti Acquisition Corp. II
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
Receive News & Ratings for Andretti Acquisition Corp. II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Andretti Acquisition Corp. II and related companies with MarketBeat.com's FREE daily email newsletter.
