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Iron Horse Acquisitions (NASDAQ:IROH) Trading 0.2% Higher - Still a Buy?

Iron Horse Acquisitions logo with Unclassified background

Iron Horse Acquisitions Corp. (NASDAQ:IROH - Get Free Report)'s stock price rose 0.2% during trading on Monday . The stock traded as high as $10.23 and last traded at $10.23. Approximately 643 shares were traded during trading, a decline of 99% from the average daily volume of 44,829 shares. The stock had previously closed at $10.21.

Iron Horse Acquisitions Stock Performance

The business has a 50 day simple moving average of $10.16 and a 200-day simple moving average of $10.10.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Virtu Financial LLC acquired a new position in shares of Iron Horse Acquisitions during the 1st quarter worth about $635,000. CVI Holdings LLC bought a new position in Iron Horse Acquisitions in the 2nd quarter valued at about $1,932,000. Cowen AND Company LLC raised its holdings in Iron Horse Acquisitions by 145.7% in the 2nd quarter. Cowen AND Company LLC now owns 122,268 shares of the company's stock valued at $1,230,000 after acquiring an additional 72,496 shares during the period. Berkley W R Corp bought a new position in Iron Horse Acquisitions in the 2nd quarter valued at about $2,759,000. Finally, Wolverine Asset Management LLC bought a new position in shares of Iron Horse Acquisitions during the second quarter worth approximately $43,000.

About Iron Horse Acquisitions

(Get Free Report)

Iron Horse Acquisitions Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on identifying targeted companies operating in content studios and film production, family entertainment, animation, music, gaming, e-sports, talent management, and talent-facing brands and businesses in the United States.

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