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Everest Consolidator Acquisition (NYSE:MNTN) Trading Down 0.2% - What's Next?

Everest Consolidator Acquisition logo with Unclassified background

Everest Consolidator Acquisition Co. (NYSE:MNTN - Get Free Report)'s stock price was down 0.2% during trading on Tuesday . The stock traded as low as $11.41 and last traded at $11.43. Approximately 12,877 shares traded hands during trading, a decline of 59% from the average daily volume of 31,793 shares. The stock had previously closed at $11.45.

Everest Consolidator Acquisition Stock Down 0.2 %

The business has a fifty day moving average of $11.36 and a two-hundred day moving average of $11.30.

Institutional Investors Weigh In On Everest Consolidator Acquisition

A hedge fund recently bought a new stake in Everest Consolidator Acquisition stock. Cowen AND Company LLC purchased a new stake in Everest Consolidator Acquisition Co. (NYSE:MNTN - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 509,854 shares of the company's stock, valued at approximately $5,746,000. Cowen AND Company LLC owned approximately 4.36% of Everest Consolidator Acquisition at the end of the most recent reporting period. Hedge funds and other institutional investors own 72.90% of the company's stock.

About Everest Consolidator Acquisition

(Get Free Report)

Everest Consolidator Acquisition Corporation does not have significant operations. The company intends to a effect merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It focuses on identifying businesses in the financial services sector.

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