Polar Asset Management Partners Inc. bought a new stake in Andretti Acquisition Corp. II (NASDAQ:POLE - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,750,000 shares of the company's stock, valued at approximately $17,491,000. Polar Asset Management Partners Inc. owned about 5.93% of Andretti Acquisition Corp. II as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also modified their holdings of the company. Picton Mahoney Asset Management acquired a new stake in Andretti Acquisition Corp. II in the 4th quarter valued at about $10,995,000. Wolverine Asset Management LLC bought a new position in shares of Andretti Acquisition Corp. II during the fourth quarter worth approximately $1,964,000. Highbridge Capital Management LLC bought a new position in shares of Andretti Acquisition Corp. II during the fourth quarter worth approximately $1,498,000. Schechter Investment Advisors LLC bought a new stake in Andretti Acquisition Corp. II during the fourth quarter worth $3,755,000. Finally, Kepos Capital LP bought a new stake in Andretti Acquisition Corp. II during the fourth quarter worth $500,000.
Andretti Acquisition Corp. II Stock Performance
Shares of NASDAQ POLE traded up $0.04 during midday trading on Tuesday, reaching $10.28. 581,049 shares of the company were exchanged, compared to its average volume of 51,447. The company's 50-day moving average price is $10.18. Andretti Acquisition Corp. II has a one year low of $9.94 and a one year high of $11.16.
Andretti Acquisition Corp. II Company Profile
(
Free Report)
Andretti Acquisition Corp. II is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Andretti Acquisition Corp. II is based in INDIANAPOLIS, IN.
Recommended Stories
Before you consider Andretti Acquisition Corp. II, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Andretti Acquisition Corp. II wasn't on the list.
While Andretti Acquisition Corp. II currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
