Free Trial

Picton Mahoney Asset Management Invests $1.51 Million 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.
  • MarketBeat previews the top five stocks to own by September 1st.

Picton Mahoney Asset Management bought a new stake in shares of Plum Acquisition Corp. IV (NASDAQ:PLMK - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 150,000 shares of the company's stock, valued at approximately $1,506,000. Picton Mahoney Asset Management owned about 0.81% of Plum Acquisition Corp. IV at the end of the most recent quarter.

Plum Acquisition Corp. IV Trading Down 0.3%

PLMK traded down $0.03 during mid-day trading on Friday, reaching $10.31. 112,492 shares of the company traded hands, compared to its average volume of 122,915. The stock's fifty day moving average is $10.26. Plum Acquisition Corp. IV has a 52-week low of $9.94 and a 52-week 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.

Featured Stories

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

Should You Invest $1,000 in Plum Acquisition Corp. IV Right Now?

Before you consider Plum Acquisition Corp. IV, 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 Plum Acquisition Corp. IV wasn't on the list.

While Plum Acquisition Corp. IV currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

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

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in August 2025
The $2.5B Merger No One Is Talking About
ALERT: Big Tech Earnings – Watch Before Wednesday

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines