AltC Acquisition Corp. (NYSE:ALCC – Get Rating) shares traded up 0.2% during trading on Wednesday . The stock traded as high as $9.86 and last traded at $9.85. 108,780 shares were traded during trading, an increase of 40% from the average session volume of 77,434 shares. The stock had previously closed at $9.83.
AltC Acquisition Price Performance
The stock has a 50 day moving average of $9.77 and a 200-day moving average of $9.73.
Hedge Funds Weigh In On AltC Acquisition
A number of institutional investors have recently modified their holdings of the stock. Sculptor Capital LP raised its stake in shares of AltC Acquisition by 0.8% during the 2nd quarter. Sculptor Capital LP now owns 228,914 shares of the company’s stock valued at $2,209,000 after buying an additional 1,786 shares during the last quarter. Condor Capital Management grew its position in shares of AltC Acquisition by 24.9% during the 3rd quarter. Condor Capital Management now owns 11,523 shares of the company’s stock valued at $112,000 after acquiring an additional 2,300 shares during the period. Schechter Investment Advisors LLC grew its position in shares of AltC Acquisition by 6.0% during the 3rd quarter. Schechter Investment Advisors LLC now owns 56,740 shares of the company’s stock valued at $554,000 after acquiring an additional 3,200 shares during the period. Bank of America Corp DE acquired a new stake in shares of AltC Acquisition during the 1st quarter valued at about $44,000. Finally, Wealthspring Capital LLC grew its position in shares of AltC Acquisition by 11.2% during the 3rd quarter. Wealthspring Capital LLC now owns 85,750 shares of the company’s stock valued at $837,000 after acquiring an additional 8,650 shares during the period. Hedge funds and other institutional investors own 93.70% of the company’s stock.
AltC Acquisition Company Profile
AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.
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