Bold Eagle Acquisition Corp. (NASDAQ:BEAGU – Get Free Report)’s share price rose 1.5% during trading on Friday . The stock traded as high as $11.00 and last traded at $10.95. Approximately 3,797 shares were traded during mid-day trading, a decline of 41% from the average daily volume of 6,435 shares. The stock had previously closed at $10.79.
Bold Eagle Acquisition Stock Up 1.5%
The firm has a 50 day moving average of $10.78 and a 200 day moving average of $10.83.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Bold Eagle Acquisition stock. Clear Street Group Inc. grew its position in shares of Bold Eagle Acquisition Corp. (NASDAQ:BEAGU – Free Report) by 14.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 62,592 shares of the company’s stock after buying an additional 7,949 shares during the period. Clear Street Group Inc.’s holdings in Bold Eagle Acquisition were worth $663,000 at the end of the most recent reporting period.
Bold Eagle Acquisition Company Profile
Bold Eagle Acquisition (NASDAQ: BEAGU) is a special purpose acquisition company incorporated in Delaware and listed on the Nasdaq Capital Market. The company was formed to raise capital in order to merge with, acquire or otherwise combine with one or more businesses, enabling a private company to become publicly traded without undergoing the traditional initial public offering process.
Through its initial public offering, Bold Eagle Acquisition offers units consisting of common shares and warrants.
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