PowerUp Acquisition Corp. (NASDAQ:PWUP - Get Free Report)'s share price was down 0.3% during mid-day trading on Friday . The company traded as low as $11.41 and last traded at $11.41. Approximately 1,954 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 15,209 shares. The stock had previously closed at $11.44.
PowerUp Acquisition Stock Performance
The firm's 50-day moving average price is $11.67 and its 200 day moving average price is $11.44.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in PowerUp Acquisition stock. First Pacific Advisors LP acquired a new position in PowerUp Acquisition Corp. (NASDAQ:PWUP - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 56,966 shares of the company's stock, valued at approximately $628,000. First Pacific Advisors LP owned 0.63% of PowerUp Acquisition at the end of the most recent reporting period. Hedge funds and other institutional investors own 19.17% of the company's stock.
PowerUp Acquisition Company Profile
(
Get Free Report)
PowerUp Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on video gaming, gaming adjacent, and metaverse businesses.
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