M3-Brigade Acquisition V (NASDAQ:MBAV - Get Free Report) was upgraded by analysts at Wall Street Zen to a "hold" rating in a research note issued on Saturday.
M3-Brigade Acquisition V Stock Down 0.7%
Shares of MBAV traded down $0.09 during trading hours on Friday, hitting $12.31. 55,420 shares of the stock were exchanged, compared to its average volume of 633,584. The stock's 50-day moving average price is $10.85 and its two-hundred day moving average price is $10.38. M3-Brigade Acquisition V has a 12-month low of $9.97 and a 12-month high of $12.46.
Institutional Investors Weigh In On M3-Brigade Acquisition V
A number of hedge funds have recently modified their holdings of MBAV. TrueMark Investments LLC purchased a new stake in M3-Brigade Acquisition V during the 4th quarter valued at about $101,000. Wealthspring Capital LLC acquired a new position in shares of M3-Brigade Acquisition V during the 4th quarter worth approximately $170,000. Gabelli Funds LLC purchased a new stake in shares of M3-Brigade Acquisition V in the fourth quarter valued at approximately $428,000. Crossingbridge Advisors LLC purchased a new stake in shares of M3-Brigade Acquisition V in the fourth quarter valued at approximately $452,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in shares of M3-Brigade Acquisition V in the fourth quarter valued at approximately $578,000.
About M3-Brigade Acquisition V
(
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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.
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