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Perceptive Capital Solutions (NASDAQ:PCSC) Trading 0.6% Higher - Here's Why

Perceptive Capital Solutions logo with Financial Services background

Key Points

  • Perceptive Capital Solutions Corp. stock rose by 0.6% on Thursday, reaching a high of $10.55 before closing at $10.66, despite a trading volume decline of 39% from its average.
  • Several large investors have recently shown interest in Perceptive Capital Solutions, with new positions ranging from approximately $169,000 to $1.678 million being established across various firms.
  • Perceptive Capital Solutions is categorized as a blank check company, aimed at merging with other businesses or entities, based in New York.
  • MarketBeat previews the top five stocks to own by November 1st.

Perceptive Capital Solutions Corp. (NASDAQ:PCSC - Get Free Report)'s share price traded up 0.6% during trading on Thursday . The company traded as high as $10.55 and last traded at $10.66. 900 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 1,475 shares. The stock had previously closed at $10.60.

Perceptive Capital Solutions Stock Performance

The company has a 50 day moving average price of $10.68 and a two-hundred day moving average price of $10.52.

Institutional Trading of Perceptive Capital Solutions

A number of institutional investors and hedge funds have recently modified their holdings of PCSC. Fifth Lane Capital LP purchased a new position in Perceptive Capital Solutions in the 1st quarter valued at about $480,000. Toronto Dominion Bank acquired a new position in shares of Perceptive Capital Solutions during the fourth quarter valued at approximately $1,678,000. FNY Investment Advisers LLC lifted its position in shares of Perceptive Capital Solutions by 10.1% in the first quarter. FNY Investment Advisers LLC now owns 110,110 shares of the company's stock valued at $1,134,000 after acquiring an additional 10,110 shares in the last quarter. Sculptor Capital LP lifted its position in shares of Perceptive Capital Solutions by 0.5% in the second quarter. Sculptor Capital LP now owns 415,090 shares of the company's stock valued at $4,408,000 after acquiring an additional 2,243 shares in the last quarter. Finally, Rangeley Capital LLC acquired a new stake in shares of Perceptive Capital Solutions in the second quarter worth approximately $212,000.

Perceptive Capital Solutions Company Profile

(Get Free Report)

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.

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