LightWave Acquisition (NASDAQ:LWAC – Get Free Report) posted its quarterly earnings results on Friday. The company reported $0.06 EPS for the quarter, FiscalAI reports.
LightWave Acquisition Stock Performance
Shares of NASDAQ:LWAC remained flat at $10.18 during midday trading on Friday. The company had a trading volume of 5,043 shares, compared to its average volume of 11,290. The stock has a fifty day moving average price of $10.17 and a 200 day moving average price of $10.10. LightWave Acquisition has a 1 year low of $9.81 and a 1 year high of $10.20.
Institutional Trading of LightWave Acquisition
Hedge funds and other institutional investors have recently modified their holdings of the business. Wolverine Asset Management LLC increased its position in shares of LightWave Acquisition by 40.3% during the 4th quarter. Wolverine Asset Management LLC now owns 140,302 shares of the company’s stock worth $1,410,000 after purchasing an additional 40,272 shares during the last quarter. Hudson Bay Capital Management LP acquired a new stake in shares of LightWave Acquisition during the 3rd quarter worth about $2,483,000. Centiva Capital LP acquired a new stake in shares of LightWave Acquisition during the 3rd quarter worth about $2,243,000. Berkley W R Corp acquired a new stake in shares of LightWave Acquisition during the 3rd quarter worth about $2,221,000. Finally, Bulldog Investors LLP acquired a new stake in shares of LightWave Acquisition during the 3rd quarter worth about $995,000.
Wall Street Analysts Forecast Growth
Read Our Latest Research Report on LWAC
About LightWave Acquisition
Locust Walk Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Boston, Massachusetts.
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