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Picton Mahoney Asset Management Takes Position in Plum Acquisition Corp. IV (NASDAQ:PLMK)

Key Points

  • Picton Mahoney Asset Management has acquired a new stake in Plum Acquisition Corp. IV, purchasing 150,000 shares valued at approximately $1.5 million, representing about 0.81% of the company's stock.
  • As of the latest trading day, shares of Plum Acquisition Corp. IV (NASDAQ: PLMK) slightly increased by 0.1% to reach $10.31, with a trading volume surpassing its average.
  • Plum Acquisition Corp. IV, established in June 2024, is a blank check company focused on mergers and acquisitions with other businesses.
  • Want stock alerts on Plum Acquisition Corp. IV? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Picton Mahoney Asset Management acquired a new position in shares of Plum Acquisition Corp. IV (NASDAQ:PLMK - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 150,000 shares of the company's stock, valued at approximately $1,506,000. Picton Mahoney Asset Management owned 0.81% of Plum Acquisition Corp. IV at the end of the most recent reporting period.

Plum Acquisition Corp. IV Price Performance

Shares of NASDAQ PLMK traded down $0.03 on Friday, hitting $10.31. The company had a trading volume of 112,492 shares, compared to its average volume of 5,631. The company has a 50 day moving average price of $10.26. Plum Acquisition Corp. IV has a 12-month low of $9.94 and a 12-month high of $10.34.

About Plum Acquisition Corp. IV

(Free Report)

Plum Acquisition Corp. IV is a blank check company, which was established for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded on June 10, 2024 and is headquartered in San Francisco, CA.

See Also

Institutional Ownership by Quarter for Plum Acquisition Corp. IV (NASDAQ:PLMK)

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