Perceptive Capital Solutions (NASDAQ:PCSC) Shares Down 0.6% - Time to Sell?

Perceptive Capital Solutions Corp (NASDAQ:PCSC - Get Free Report) shares dropped 0.6% during trading on Wednesday . The company traded as low as $10.28 and last traded at $10.31. Approximately 2,934 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 41,786 shares. The stock had previously closed at $10.37.

Perceptive Capital Solutions Stock Performance

The firm's 50-day simple moving average is $10.31 and its 200-day simple moving average is $10.21.

Institutional Trading of Perceptive Capital Solutions

Several large investors have recently bought and sold shares of PCSC. Bulldog Investors LLP bought a new position in Perceptive Capital Solutions in the fourth quarter valued at about $509,000. DLD Asset Management LP purchased a new stake in shares of Perceptive Capital Solutions during the fourth quarter worth about $907,000. FNY Investment Advisers LLC grew its position in shares of Perceptive Capital Solutions by 233.3% during the fourth quarter. FNY Investment Advisers LLC now owns 100,000 shares of the company's stock worth $1,018,000 after purchasing an additional 70,000 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Perceptive Capital Solutions by 174.8% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 157,211 shares of the company's stock valued at $1,600,000 after buying an additional 100,000 shares in the last quarter. Finally, Toronto Dominion Bank purchased a new position in Perceptive Capital Solutions during the 4th quarter valued at approximately $1,678,000.

Perceptive Capital Solutions Company Profile

Perceptive Capital Solutions Corp is a blank check company. It formed for the purpose of entering into a combination with one or more businesses or entities. Perceptive Capital Solutions Corp is based in NEW YORK.