AltC Acquisition (NYSE:ALCC) Reaches New 1-Year High – Here’s What Happened

by · The Cerbat Gem

AltC Acquisition Corp. (NYSE:ALCC – Get Free Report)’s stock price hit a new 52-week high on Thursday . The stock traded as high as $19.44 and last traded at $18.06, with a volume of 21245904 shares changing hands. The stock had previously closed at $18.30.

AltC Acquisition Stock Performance

The firm has a 50 day moving average of $9.40 and a two-hundred day moving average of $9.86.

Institutional Trading of AltC Acquisition

A number of hedge funds have recently modified their holdings of ALCC. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of AltC Acquisition in the 1st quarter worth approximately $6,754,000. SkyView Investment Advisors LLC bought a new stake in shares of AltC Acquisition in the 1st quarter worth approximately $2,992,000. Herr Investment Group LLC bought a new stake in shares of AltC Acquisition in the 1st quarter worth approximately $1,145,000. Virtu Financial LLC bought a new stake in shares of AltC Acquisition in the 1st quarter worth approximately $163,000. Finally, Walleye Trading LLC lifted its position in shares of AltC Acquisition by 6.7% in the 1st quarter. Walleye Trading LLC now owns 115,041 shares of the company’s stock worth $1,314,000 after acquiring an additional 7,221 shares during the period. Institutional investors own 85.03% of the company’s stock.

AltC Acquisition Company Profile

(Get Free Report)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other 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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