Volato Group, Inc. (NYSEAMERICAN:SOAR - Get Free Report)'s stock price was down 8.7% on Thursday . The company traded as low as $2.00 and last traded at $2.00. Approximately 18,108 shares were traded during trading, a decline of 93% from the average daily volume of 269,041 shares. The stock had previously closed at $2.19.
Volato Group Trading Up 22.8%
The company has a 50 day simple moving average of $2.03 and a 200 day simple moving average of $4.74.
Hedge Funds Weigh In On Volato Group
An institutional investor recently bought a new position in Volato Group stock. Geode Capital Management LLC purchased a new stake in Volato Group, Inc. (NYSEAMERICAN:SOAR - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 105,157 shares of the company's stock, valued at approximately $26,000. Geode Capital Management LLC owned 0.23% of Volato Group as of its most recent filing with the SEC.
Volato Group Company Profile
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Volato Group, Inc operates as a private aviation company. It offers fractional ownership, aircraft management, jet cards, deposit, and charter programs. As of December 31, 2023, the company operated a fleet of 24 HondaJets and a managed fleet of 6 aircraft. Volato Group, Inc was founded in 2021 and is based in Chamblee, Georgia.
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