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Horizon Space Acquisition I (NASDAQ:HSPO) Stock Price Down 2% - Should You Sell?

Horizon Space Acquisition I logo with Unclassified background

Horizon Space Acquisition I Corp. (NASDAQ:HSPO - Get Free Report)'s stock price fell 2% during mid-day trading on Tuesday . The company traded as low as $11.97 and last traded at $11.97. 3,904 shares changed hands during trading, a decline of 83% from the average session volume of 22,902 shares. The stock had previously closed at $12.22.

Horizon Space Acquisition I Stock Performance

The business has a 50 day moving average of $12.09 and a 200-day moving average of $11.82.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Horizon Space Acquisition I stock. Berkley W R Corp increased its position in shares of Horizon Space Acquisition I Corp. (NASDAQ:HSPO - Free Report) by 71.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 205,129 shares of the company's stock after buying an additional 85,813 shares during the quarter. Berkley W R Corp owned about 2.62% of Horizon Space Acquisition I worth $2,338,000 as of its most recent SEC filing. 69.10% of the stock is owned by institutional investors.

Horizon Space Acquisition I Company Profile

(Get Free Report)

Horizon Space Acquisition I Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or related business combination with one or more businesses. Horizon Space Acquisition I Corp. was incorporated in 2022 and is based in New York, New York.

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