M3-Brigade Acquisition V Corp. (NASDAQ:MBAV - Get Free Report)'s share price shot up 0.6% during trading on Wednesday . The stock traded as high as $11.04 and last traded at $11.00. 857,420 shares traded hands during mid-day trading, an increase of 57% from the average session volume of 546,178 shares. The stock had previously closed at $10.93.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised M3-Brigade Acquisition V to a "hold" rating in a research note on Saturday, June 14th.
Read Our Latest Stock Report on M3-Brigade Acquisition V
M3-Brigade Acquisition V Stock Up 0.6%
The company has a fifty day moving average of $11.34 and a 200 day moving average of $10.57.
Institutional Investors Weigh In On M3-Brigade Acquisition V
A number of institutional investors have recently modified their holdings of MBAV. Picton Mahoney Asset Management bought a new stake in M3-Brigade Acquisition V in the fourth quarter worth approximately $18,863,000. Periscope Capital Inc. acquired a new position in shares of M3-Brigade Acquisition V during the 4th quarter valued at $2,012,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in M3-Brigade Acquisition V during the fourth quarter worth $4,024,000. TrueMark Investments LLC acquired a new stake in M3-Brigade Acquisition V in the fourth quarter worth $101,000. Finally, Gabelli Funds LLC bought a new stake in M3-Brigade Acquisition V in the fourth quarter valued at $428,000.
About M3-Brigade Acquisition V
(
Get Free Report)
M3-Brigade Acquisition V Corp. is a blank check company. It formed for the purpose of effecting a merger, consolidation, capital stock exchange, share exchange, asset acquisition, share purchase, stock purchase, reorganization or similar business combination with one or more businesses. M3-Brigade Acquisition V Corp.
Further Reading
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