Millennium Management LLC lessened its position in shares of Screaming Eagle Acquisition Corp. (NASDAQ:SCRMU – Get Rating) by 25.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,903,660 shares of the company's stock after selling 1,000,000 shares during the quarter. Millennium Management LLC's holdings in Screaming Eagle Acquisition were worth $28,195,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Rivernorth Capital Management LLC acquired a new stake in shares of Screaming Eagle Acquisition in the first quarter valued at about $6,628,000. Condor Capital Management acquired a new stake in shares of Screaming Eagle Acquisition in the first quarter valued at about $26,000. Walleye Capital LLC acquired a new stake in shares of Screaming Eagle Acquisition in the first quarter valued at about $1,920,000. Verition Fund Management LLC acquired a new stake in shares of Screaming Eagle Acquisition in the first quarter valued at about $4,375,000. Finally, Captrust Financial Advisors acquired a new position in Screaming Eagle Acquisition during the first quarter worth about $774,000.

Screaming Eagle Acquisition Stock Performance

SCRMU opened at $9.99 on Monday. Screaming Eagle Acquisition Corp. has a twelve month low of $9.63 and a twelve month high of $10.51. The firm's 50-day moving average price is $9.88 and its 200 day moving average price is $9.80.

Screaming Eagle Acquisition Profile

Screaming Eagle Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.

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