Verition Fund Management LLC acquired a new position in Launch One Acquisition Corp. (NASDAQ:LPAA - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 250,000 shares of the company's stock, valued at approximately $2,492,000. Verition Fund Management LLC owned approximately 0.87% of Launch One Acquisition as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in the business. Wolverine Asset Management LLC bought a new stake in Launch One Acquisition during the 3rd quarter worth about $179,000. Dakota Wealth Management acquired a new stake in shares of Launch One Acquisition in the third quarter valued at about $207,000. Wealthspring Capital LLC bought a new stake in Launch One Acquisition during the third quarter worth about $1,163,000. Deltec Asset Management LLC acquired a new position in Launch One Acquisition during the third quarter valued at approximately $1,497,000. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in Launch One Acquisition in the third quarter valued at approximately $8,475,000.
Launch One Acquisition Stock Up 0.1 %
Shares of NASDAQ:LPAA traded up $0.01 during trading on Friday, hitting $10.03. 3,428 shares of the company were exchanged, compared to its average volume of 117,206. Launch One Acquisition Corp. has a fifty-two week low of $9.66 and a fifty-two week high of $10.03. The firm has a fifty day simple moving average of $9.99.
Launch One Acquisition Company Profile
(
Free Report)
Launch One Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Launch One Acquisition Corp. is based in New York.
See Also
Before you consider Launch One 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 Launch One Acquisition wasn't on the list.
While Launch One Acquisition currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
