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Wolverine Asset Management LLC Buys Shares of 270,000 Nubia Brand International Corp. (NASDAQ:NUBIU)

Financial News Live ·  Jul 28, 2022 11:21

Wolverine Asset Management LLC bought a new stake in Nubia Brand International Corp. (NASDAQ:NUBIU – Get Rating) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 270,000 shares of the company's stock, valued at approximately $2,697,000.

Separately, Tuttle Capital Management LLC purchased a new stake in shares of Nubia Brand International in the first quarter valued at $382,000.

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Nubia Brand International Stock Performance

Shares of NASDAQ:NUBIU opened at $10.15 on Thursday. Nubia Brand International Corp. has a 52-week low of $9.94 and a 52-week high of $10.50. The firm has a fifty day moving average of $10.03.

About Nubia Brand International

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Nubia Brand International Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify, acquire, and build a business operating in the wireless telecommunications sphere.

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