Everest Consolidator Acquisition (NYSE:MNTN) Shares Down 0.3% - What's Next?

Everest Consolidator Acquisition Co. (NYSE:MNTN - Get Free Report)'s stock price was down 0.3% during trading on Monday . The stock traded as low as $11.35 and last traded at $11.35. Approximately 124 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 33,377 shares. The stock had previously closed at $11.38.

Everest Consolidator Acquisition Stock Performance

The firm has a 50-day simple moving average of $11.33 and a two-hundred day simple moving average of $11.28.

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 bought a new stake in Everest Consolidator Acquisition Co. (NYSE:MNTN - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund bought 509,854 shares of the company's stock, valued at approximately $5,746,000. Cowen AND Company LLC owned 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.

Everest Consolidator Acquisition Company Profile

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.