Governors Lane LP acquired a new position in shares of RRE Ventures Acquisition Corp. (NASDAQ:RREV – Free Report) during the second quarter, HoldingsChannel reports. The firm acquired 250,000 shares of the company’s stock, valued at approximately $2,468,000.
Separately, Moore Capital Management LP acquired a new stake in RRE Ventures Acquisition in the second quarter valued at $2,468,000.
Analysts Set New Price Targets
Separately, Weiss Ratings assumed coverage on shares of RRE Ventures Acquisition in a research report on Tuesday, August 18th. They issued a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.
RRE Ventures Acquisition Trading Up 0.2%
RREV opened at $9.93 on Wednesday. The firm has a fifty day simple moving average of $9.91. RRE Ventures Acquisition Corp. has a 1-year low of $9.86 and a 1-year high of $9.94.
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