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Altimar Acquisition Corp. III (NYSE:ATAQ) Trading Up 0.1%

Financial News Live ·  Feb 2, 2023 16:41

Altimar Acquisition Corp. III (NYSE:ATAQ – Get Rating)'s stock price was up 0.1% on Tuesday . The company traded as high as $10.47 and last traded at $10.14. Approximately 276,580 shares changed hands during trading, an increase of 194% from the average daily volume of 94,159 shares. The stock had previously closed at $10.13.

Altimar Acquisition Corp. III Trading Up 0.1 %

The stock's 50-day simple moving average is $10.07 and its two-hundred day simple moving average is $9.97.

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Institutional Investors Weigh In On Altimar Acquisition Corp. III

A number of hedge funds have recently modified their holdings of ATAQ. Whitebox Advisors LLC acquired a new stake in Altimar Acquisition Corp. III during the third quarter worth about $476,000. Myriad Asset Management US LP acquired a new stake in Altimar Acquisition Corp. III during the second quarter worth about $491,000. Centiva Capital LP boosted its stake in Altimar Acquisition Corp. III by 3.2% during the second quarter. Centiva Capital LP now owns 126,268 shares of the company's stock worth $1,239,000 after buying an additional 3,880 shares during the period. Finally, Aristeia Capital LLC boosted its stake in Altimar Acquisition Corp. III by 68.9% during the third quarter. Aristeia Capital LLC now owns 844,407 shares of the company's stock worth $8,377,000 after buying an additional 344,407 shares during the period. 68.78% of the stock is currently owned by institutional investors and hedge funds.

Altimar Acquisition Corp. III Company Profile

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Altimar Acquisition Corp. III 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 or entities. The company was incorporated in 2021 and is based in New York, New York.

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