Free Trial

AQR Arbitrage LLC Invests $5.85 Million in CO2 Energy Transition Corp. $NOEM

Key Points

  • AQR Arbitrage LLC has invested approximately $5.85 million in CO2 Energy Transition Corp. by purchasing 590,000 shares, representing about 6.15% of the company.
  • Other institutional investors like Westchester Capital Management and DLD Asset Management also acquired new stakes in CO2 Energy Transition during the same quarter, increasing institutional interest.
  • CO2 Energy Transition Corp.’s stock opened at $10.15 with a twelve-month range between $9.78 and $10.78, having reported earnings of $0.04 per share for the last quarter.
  • MarketBeat previews top five stocks to own in October.

AQR Arbitrage LLC purchased a new position in shares of CO2 Energy Transition Corp. (NASDAQ:NOEM - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 590,000 shares of the company's stock, valued at approximately $5,853,000. AQR Arbitrage LLC owned approximately 6.15% of CO2 Energy Transition as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of NOEM. Westchester Capital Management LLC acquired a new position in shares of CO2 Energy Transition during the first quarter worth $1,240,000. DLD Asset Management LP acquired a new stake in CO2 Energy Transition in the first quarter valued at $1,389,000. Finally, Crossingbridge Advisors LLC acquired a new stake in CO2 Energy Transition in the first quarter valued at $2,778,000.

CO2 Energy Transition Stock Performance

NASDAQ NOEM opened at $10.15 on Wednesday. CO2 Energy Transition Corp. has a twelve month low of $9.78 and a twelve month high of $10.78. The stock has a fifty day simple moving average of $10.10 and a 200 day simple moving average of $10.00.

CO2 Energy Transition (NASDAQ:NOEM - Get Free Report) last posted its quarterly earnings data on Tuesday, August 12th. The company reported $0.04 earnings per share for the quarter.

CO2 Energy Transition Profile

(Free Report)

CO2 Energy Transition Corp., a Delaware corporation, is a blank check company incorporated on September 30, 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 or entities, which we refer to throughout this prospectus as our initial business combination.

See Also

Institutional Ownership by Quarter for CO2 Energy Transition (NASDAQ:NOEM)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in CO2 Energy Transition Right Now?

Before you consider CO2 Energy Transition, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CO2 Energy Transition wasn't on the list.

While CO2 Energy Transition currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.