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Woodline Partners LP Invests $2.99 Million in Everest Consolidator Acquisition Co. (NYSE:MNTN)

Defense World ·  Dec 12, 2022 06:31

Woodline Partners LP purchased a new stake in Everest Consolidator Acquisition Co. (NYSE:MNTN – Get Rating) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 300,000 shares of the company's stock, valued at approximately $2,994,000. Woodline Partners LP owned about 1.60% of Everest Consolidator Acquisition as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Karpus Management Inc. acquired a new position in shares of Everest Consolidator Acquisition in the 1st quarter valued at approximately $365,000. 64.81% of the stock is owned by institutional investors and hedge funds.

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Everest Consolidator Acquisition Trading Down 0.2 %

Everest Consolidator Acquisition stock opened at $10.18 on Monday. Everest Consolidator Acquisition Co. has a 52 week low of $9.80 and a 52 week high of $10.20. The stock has a 50 day moving average of $10.11 and a 200-day moving average of $10.05.

Everest Consolidator Acquisition Profile

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Everest Consolidator Acquisition Corporation does not have significant operations. The company intends to acquire assets and businesses or entities through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. It focuses on identifying businesses in the wealth management industry.

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