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Iron Horse Acquisitions (NASDAQ:IROH) Upgraded at Wall Street Zen

Iron Horse Acquisitions logo with Financial Services background

Key Points

  • Iron Horse Acquisitions (NASDAQ:IROH) has been upgraded by Wall Street Zen to a "sell" rating, indicating a potentially negative outlook for the stock.
  • Shares of IROH opened at $11.21, with a 12-month range showing a low of $5.70 and a high of $14.71.
  • Several institutional investors, including Yakira Capital Management and Walleye Trading, have made significant changes to their positions in IROH during the 4th quarter.
  • Five stocks we like better than Iron Horse Acquisitions.
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Iron Horse Acquisitions (NASDAQ:IROH - Get Free Report) was upgraded by Wall Street Zen to a "sell" rating in a note issued to investors on Saturday.

Iron Horse Acquisitions Stock Performance

Shares of NASDAQ:IROH opened at $11.21 on Friday. The company's 50 day moving average price is $10.33 and its two-hundred day moving average price is $10.41. Iron Horse Acquisitions has a 12-month low of $5.70 and a 12-month high of $14.71.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in IROH. Yakira Capital Management Inc. acquired a new position in shares of Iron Horse Acquisitions during the 4th quarter worth approximately $1,582,000. Walleye Trading LLC grew its position in shares of Iron Horse Acquisitions by 150.0% during the 4th quarter. Walleye Trading LLC now owns 355,500 shares of the company's stock worth $3,658,000 after purchasing an additional 213,300 shares in the last quarter. Spartan Fund Management Inc. grew its position in shares of Iron Horse Acquisitions by 2,272.7% during the 4th quarter. Spartan Fund Management Inc. now owns 52,200 shares of the company's stock worth $537,000 after purchasing an additional 50,000 shares in the last quarter. Quarry LP acquired a new position in shares of Iron Horse Acquisitions during the 4th quarter worth approximately $2,058,000. Finally, Bulldog Investors LLP grew its position in shares of Iron Horse Acquisitions by 10.2% during the 4th quarter. Bulldog Investors LLP now owns 155,604 shares of the company's stock worth $1,602,000 after purchasing an additional 14,428 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.

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