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AleAnna Inc - Class A (NASDAQ:ANNA) Shares Gap Up - Here's What Happened

AleAnna Inc - Class A logo with Medical background

AleAnna Inc - Class A (NASDAQ:ANNA - Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $8.81, but opened at $9.42. AleAnna Inc - Class A shares last traded at $9.42, with a volume of 243 shares changing hands.

AleAnna Inc - Class A Trading Up 7.1%

The firm has a market capitalization of $627.21 million, a price-to-earnings ratio of -470.50 and a beta of 0.16. The firm's 50-day moving average price is $10.63.

AleAnna Inc - Class A (NASDAQ:ANNA - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The company reported ($0.05) earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On AleAnna Inc - Class A

A number of hedge funds have recently added to or reduced their stakes in ANNA. NewGen Asset Management Ltd acquired a new stake in shares of AleAnna Inc - Class A in the 4th quarter worth about $192,000. Sculptor Capital LP bought a new position in AleAnna Inc - Class A in the 4th quarter worth approximately $367,000. Farallon Capital Management LLC acquired a new stake in AleAnna Inc - Class A in the 4th quarter valued at approximately $532,000. Polar Asset Management Partners Inc. bought a new stake in AleAnna Inc - Class A during the 4th quarter valued at $481,000. Finally, Decagon Asset Management LLP acquired a new position in AleAnna Inc - Class A during the 4th quarter worth $3,390,000. 38.10% of the stock is currently owned by institutional investors.

AleAnna Inc - Class A Company Profile

(Get Free Report)

AleAnna, Inc engages in oil and gas exploration and production activities. It focuses on Italy's natural gas reserves and developing renewable energy solutions. The company was founded in 2007 and is headquartered in Dallas, TX.

Further Reading

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