Plum Acquisition Corp. IV’s (PLMK) Sell (D-) Rating Reaffirmed at Weiss Ratings

Weiss Ratings reaffirmed their sell (d-) rating on shares of Plum Acquisition Corp. IV (NASDAQ:PLMK) in a report issued on Tuesday morning,Weiss Ratings reports.

Plum Acquisition Corp. IV Stock Performance

PLMK opened at $10.32 on Tuesday. Plum Acquisition Corp. IV has a 52 week low of $9.94 and a 52 week high of $10.34. The business has a fifty day simple moving average of $10.30 and a 200-day simple moving average of $10.23.

Institutional Trading of Plum Acquisition Corp. IV

Several hedge funds have recently modified their holdings of PLMK. AQR Arbitrage LLC acquired a new stake in shares of Plum Acquisition Corp. IV in the first quarter valued at $9,643,000. Westchester Capital Management LLC acquired a new stake in shares of Plum Acquisition Corp. IV in the first quarter valued at $8,032,000. Polar Asset Management Partners Inc. acquired a new stake in shares of Plum Acquisition Corp. IV in the first quarter valued at $7,035,000. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new stake in shares of Plum Acquisition Corp. IV in the first quarter valued at $7,028,000. Finally, Linden Advisors LP acquired a new stake in shares of Plum Acquisition Corp. IV in the first quarter valued at $7,028,000.

Plum Acquisition Corp. IV Company Profile

Plum Acquisition Corp. IV is a blank check company, which was established for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded on June 10, 2024 and is headquartered in San Francisco, CA.