share_log

Weiss Asset Management LP Makes New Investment in Plum Acquisition Corp. I (NASDAQ:PLMI)

Financial News Live ·  Jan 14, 2023 10:01

Weiss Asset Management LP purchased a new position in Plum Acquisition Corp. I (NASDAQ:PLMI – Get Rating) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 100,150 shares of the company's stock, valued at approximately $992,000. Weiss Asset Management LP owned approximately 0.25% of Plum Acquisition Corp. I as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. OLD Mission Capital LLC boosted its holdings in Plum Acquisition Corp. I by 83.8% in the second quarter. OLD Mission Capital LLC now owns 26,762 shares of the company's stock worth $262,000 after acquiring an additional 12,200 shares in the last quarter. Summit Trail Advisors LLC purchased a new stake in shares of Plum Acquisition Corp. I in the second quarter worth approximately $1,716,000. Sculptor Capital LP raised its stake in shares of Plum Acquisition Corp. I by 11.8% in the first quarter. Sculptor Capital LP now owns 559,018 shares of the company's stock worth $5,462,000 after purchasing an additional 59,018 shares during the last quarter. State Street Corp purchased a new stake in shares of Plum Acquisition Corp. I in the third quarter worth approximately $102,000. Finally, First Trust Capital Management L.P. raised its stake in shares of Plum Acquisition Corp. I by 12.0% in the third quarter. First Trust Capital Management L.P. now owns 140,884 shares of the company's stock worth $1,396,000 after purchasing an additional 15,097 shares during the last quarter. Institutional investors own 69.38% of the company's stock.

Get Plum Acquisition Corp. I alerts:

Plum Acquisition Corp. I Price Performance

Shares of Plum Acquisition Corp. I stock opened at $10.12 on Friday. The business has a 50 day moving average price of $10.04 and a 200-day moving average price of $9.93. Plum Acquisition Corp. I has a 52 week low of $9.66 and a 52 week high of $10.30.

About Plum Acquisition Corp. I

(Get Rating)

Plum Acquisition Corp. I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in San Francisco, California.

See Also

  • Get a free copy of the StockNews.com research report on Plum Acquisition Corp. I (PLMI)
  • MarketBeat: Week in Review 01/09-01/13
  • JPMorgan Chase Falls As Banks Brace For Recession
  • Why is the Bed Bath & Beyond Stock Price up 261%?
  • Roku Stock Price is Trending, Here's Why
  • Carvana Stock Rally, Here's What You Need to Know

Receive News & Ratings for Plum Acquisition Corp. I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Plum Acquisition Corp. I and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment