Newbury Street II Acquisition Corp – Class A Ordinary Shares (NASDAQ:NTWO – Get Free Report) released its earnings results on Tuesday. The company reported $0.06 EPS for the quarter, FiscalAI reports.
Newbury Street II Acquisition Corp – Class A Ordinary Shares Price Performance
Shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares stock opened at $10.64 on Wednesday. The firm’s 50 day moving average is $10.54 and its 200 day moving average is $10.47. Newbury Street II Acquisition Corp – Class A Ordinary Shares has a 1 year low of $10.13 and a 1 year high of $10.64.
Institutional Investors Weigh In On Newbury Street II Acquisition Corp – Class A Ordinary Shares
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wolverine Asset Management LLC grew its holdings in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares by 11.4% during the 3rd quarter. Wolverine Asset Management LLC now owns 1,006,617 shares of the company’s stock valued at $10,429,000 after purchasing an additional 102,624 shares during the last quarter. Radcliffe Capital Management L.P. grew its holdings in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares by 23.0% during the 3rd quarter. Radcliffe Capital Management L.P. now owns 340,437 shares of the company’s stock valued at $3,527,000 after purchasing an additional 63,738 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares during the 3rd quarter valued at approximately $106,000. Moore Capital Management LP bought a new stake in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares during the 2nd quarter valued at approximately $2,058,000. Finally, Clear Street Group Inc. bought a new stake in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares during the 3rd quarter valued at approximately $121,000.
About Newbury Street II Acquisition Corp – Class A Ordinary Shares
Newbury Street II Acquisition Corp is a blank check company incorporated in Delaware in 2021 for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a special purpose acquisition company (SPAC), it does not currently engage in commercial operations and intends to identify and acquire a target company.
The company completed its initial public offering and listing of its Class A ordinary shares on the Nasdaq under the symbol NTWO in early 2021.
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