Iron Horse Acquisitions Corp. (NASDAQ:IROH - Get Free Report) shares fell 6.2% during trading on Monday . The stock traded as low as $9.03 and last traded at $10.32. 69,958 shares were traded during mid-day trading, an increase of 103% from the average session volume of 34,509 shares. The stock had previously closed at $11.00.
Iron Horse Acquisitions Price Performance
The business has a 50-day moving average of $10.55 and a 200 day moving average of $10.46.
Hedge Funds Weigh In On Iron Horse Acquisitions
Several large investors have recently added to or reduced their stakes in IROH. Wolverine Asset Management LLC grew its holdings in shares of Iron Horse Acquisitions by 18.5% in the first quarter. Wolverine Asset Management LLC now owns 535,815 shares of the company's stock valued at $5,621,000 after acquiring an additional 83,592 shares in the last quarter. Walleye Trading LLC lifted its position in shares of Iron Horse Acquisitions by 150.0% during the fourth quarter. Walleye Trading LLC now owns 355,500 shares of the company's stock worth $3,658,000 after acquiring an additional 213,300 shares in the last quarter. Crossingbridge Advisors LLC boosted its stake in Iron Horse Acquisitions by 4.6% in the 1st quarter. Crossingbridge Advisors LLC now owns 342,868 shares of the company's stock worth $3,595,000 after purchasing an additional 15,000 shares during the period. Toronto Dominion Bank purchased a new position in shares of Iron Horse Acquisitions during the 4th quarter valued at $2,808,000. Finally, Mizuho Securities USA LLC raised its holdings in shares of Iron Horse Acquisitions by 21.3% in the 1st quarter. Mizuho Securities USA LLC now owns 258,398 shares of the company's stock valued at $2,695,000 after acquiring an additional 45,366 shares in the last quarter.
Iron Horse Acquisitions Company Profile
(
Get Free Report)
Iron Horse Acquisitions Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on identifying targeted companies operating in content studios and film production, family entertainment, animation, music, gaming, e-sports, talent management, and talent-facing brands and businesses in the United States.
Read More
Before you consider Iron Horse Acquisitions, 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 Iron Horse Acquisitions wasn't on the list.
While Iron Horse Acquisitions currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
