Fir Tree Capital Management LP cut its stake in shares of MSD Acquisition Corp. (NASDAQ:MSDA – Get Rating) by 2.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,540,981 shares of the company's stock after selling 30,995 shares during the quarter. Fir Tree Capital Management LP's holdings in MSD Acquisition were worth $15,132,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. UBS Group AG lifted its holdings in shares of MSD Acquisition by 304,500.0% during the first quarter. UBS Group AG now owns 12,184 shares of the company's stock valued at $119,000 after acquiring an additional 12,180 shares during the period. Wolverine Trading LLC acquired a new position in MSD Acquisition during the 4th quarter worth about $150,000. Q Global Advisors LLC bought a new stake in MSD Acquisition during the 4th quarter worth about $346,000. Prelude Capital Management LLC acquired a new stake in MSD Acquisition in the 1st quarter valued at about $588,000. Finally, Fort Baker Capital Management LP acquired a new stake in MSD Acquisition in the 1st quarter valued at about $1,214,000. 52.53% of the stock is owned by institutional investors.

MSD Acquisition Stock Performance

Shares of MSDA stock opened at $9.87 on Tuesday. MSD Acquisition Corp. has a 1 year low of $9.68 and a 1 year high of $10.17. The firm's 50 day moving average is $9.84 and its 200-day moving average is $9.81.

About MSD Acquisition

MSD Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the technology and media sectors. The company was incorporated in 2021 and is based in New York, New York.

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