Coliseum Acquisition Corp. (NASDAQ:MITA - Get Free Report)'s share price fell 0.3% during mid-day trading on Friday . The company traded as low as $11.11 and last traded at $11.11. 3,331 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 13,685 shares. The stock had previously closed at $11.14.
Coliseum Acquisition Stock Down 0.3 %
The business's 50 day moving average is $11.13 and its 200-day moving average is $11.01.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the stock. Cowen AND Company LLC purchased a new stake in Coliseum Acquisition during the 2nd quarter worth approximately $170,000. Periscope Capital Inc. increased its position in shares of Coliseum Acquisition by 38.2% during the first quarter. Periscope Capital Inc. now owns 185,000 shares of the company's stock worth $1,989,000 after purchasing an additional 51,119 shares in the last quarter. Finally, Karpus Management Inc. increased its position in shares of Coliseum Acquisition by 59.4% during the first quarter. Karpus Management Inc. now owns 382,610 shares of the company's stock worth $4,113,000 after purchasing an additional 142,610 shares in the last quarter. Institutional investors and hedge funds own 25.79% of the company's stock.
Coliseum Acquisition Company Profile
(
Get Free Report)
Coliseum Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Las Vegas, Nevada.
Read More
Before you consider Coliseum Acquisition, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Coliseum Acquisition wasn't on the list.
While Coliseum Acquisition currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
