SilverBox Corp IV (NYSE:SBXD) Posts Earnings Results

Key Points

• SilverBox Corp IV reported earnings of $0.06 per share for the quarter, according to Zacks.
• Shares of SBXD stock traded at $10.44, with a trading volume of 20,344 shares compared to the average of 81,672 shares.
• JPMorgan Chase & Co. acquired a new stake of 55,038 shares in SilverBox Corp IV, valued at approximately $603,000, representing 0.22% ownership at the end of the recent quarter.

SilverBox Corp IV (NYSE:SBXD - Get Free Report) announced its quarterly earnings data on Tuesday. The company reported $0.06 earnings per share (EPS) for the quarter, Zacks reports.

SilverBox Corp IV Trading Up 0.1%

Shares of SBXD stock traded up $0.01 during mid-day trading on Tuesday, reaching $10.44. The company's stock had a trading volume of 20,344 shares, compared to its average volume of 81,672. SilverBox Corp IV has a 1-year low of $9.95 and a 1-year high of $11.64. The firm's 50-day moving average is $10.75 and its two-hundred day moving average is $10.41.

Institutional Investors Weigh In On SilverBox Corp IV

A hedge fund recently bought a new stake in SilverBox Corp IV stock. JPMorgan Chase & Co. acquired a new stake in SilverBox Corp IV (NYSE:SBXD - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 55,038 shares of the company's stock, valued at approximately $603,000. JPMorgan Chase & Co. owned approximately 0.22% of SilverBox Corp IV at the end of the most recent quarter.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of SilverBox Corp IV to a "hold" rating in a research note on Friday, June 27th.

About SilverBox Corp IV

Silverbox Corp. IV is a blank check company. It was 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. The company was founded on April 16, 2024 and is headquartered in Austin, TX.

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