AltC Acquisition Corp. (NYSE:ALCC – Get Rating)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $10.43 and last traded at $10.30, with a volume of 120155 shares traded. The stock had previously closed at $10.24.
AltC Acquisition Stock Up 0.3 %
The stock’s fifty day moving average is $10.12 and its 200-day moving average is $9.98.
Hedge Funds Weigh In On AltC Acquisition
Large investors have recently bought and sold shares of the stock. Marshall Wace LLP boosted its stake in shares of AltC Acquisition by 53.5% in the 3rd quarter. Marshall Wace LLP now owns 2,300,339 shares of the company’s stock valued at $22,451,000 after purchasing an additional 801,538 shares in the last quarter. Schechter Investment Advisors LLC raised its position in AltC Acquisition by 1,133.5% in the 4th quarter. Schechter Investment Advisors LLC now owns 699,891 shares of the company’s stock worth $6,943,000 after purchasing an additional 643,151 shares during the last quarter. BNP Paribas Arbitrage SNC bought a new position in AltC Acquisition in the 3rd quarter valued at $6,159,000. AQR Arbitrage LLC boosted its holdings in AltC Acquisition by 98.6% in the fourth quarter. AQR Arbitrage LLC now owns 1,037,813 shares of the company’s stock valued at $10,295,000 after acquiring an additional 515,213 shares during the last quarter. Finally, Exos TFP Holdings LLC raised its holdings in AltC Acquisition by 364.7% during the 4th quarter. Exos TFP Holdings LLC now owns 607,968 shares of the company’s stock worth $6,031,000 after purchasing an additional 477,133 shares during the last quarter. 94.47% of the stock is currently owned by institutional investors and hedge funds.
About AltC Acquisition
AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.
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