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SilverBox Corp IV (NYSE:SBXD) Shares Down 0.2% - Should You Sell?

SilverBox Corp IV logo with Financial Services background

Key Points

  • SilverBox Corp IV (NYSE:SBXD) experienced a slight decline of 0.2% in its stock price, trading at $10.46 with a significant drop in volume to 5,228 shares, compared to an average of 106,178 shares.
  • Wall Street analysts have upgraded SilverBox Corp IV to a "hold" rating, indicating a more cautious approach towards the stock's performance.
  • The company reported earnings of $0.06 per share in its last quarterly results, reflecting ongoing activity as a blank check company focused on potential mergers and acquisitions.
  • Five stocks we like better than SilverBox Corp IV.

SilverBox Corp IV (NYSE:SBXD - Get Free Report) traded down 0.2% on Tuesday . The stock traded as low as $10.46 and last traded at $10.46. 5,228 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 106,178 shares. The stock had previously closed at $10.48.

Analyst Ratings Changes

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

Get Our Latest Stock Analysis on SilverBox Corp IV

SilverBox Corp IV Price Performance

The company's 50-day moving average is $10.58 and its 200-day moving average is $10.46.

SilverBox Corp IV (NYSE:SBXD - Get Free Report) last posted its quarterly earnings results on Tuesday, August 12th. The company reported $0.06 earnings per share (EPS) for the quarter.

Institutional Trading of SilverBox Corp IV

Several hedge funds have recently modified their holdings of the company. Radcliffe Capital Management L.P. acquired a new stake in shares of SilverBox Corp IV during the second quarter worth approximately $1,699,000. Rangeley Capital LLC acquired a new stake in shares of SilverBox Corp IV during the second quarter worth approximately $110,000. Massar Capital Management LP acquired a new stake in shares of SilverBox Corp IV during the second quarter worth approximately $767,000. Federated Hermes Inc. acquired a new stake in shares of SilverBox Corp IV during the second quarter worth approximately $1,081,000. Finally, JPMorgan Chase & Co. acquired a new stake in shares of SilverBox Corp IV during the second quarter worth approximately $603,000.

SilverBox Corp IV Company Profile

(Get Free Report)

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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