Launch One Acquisition Corp. (NASDAQ:LPAAU – Get Free Report) shares traded up 0.3% on Friday . The stock traded as high as $10.66 and last traded at $10.66. 400 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 3,524 shares. The stock had previously closed at $10.63.
Launch One Acquisition Stock Performance
The stock’s 50-day moving average price is $10.71 and its 200-day moving average price is $10.75.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Launch One Acquisition stock. Clear Street Group Inc. acquired a new position in Launch One Acquisition Corp. (NASDAQ:LPAAU – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 15,003 shares of the company’s stock, valued at approximately $159,000.
About Launch One Acquisition
LaunchOne Acquisition (NASDAQ:LPAAU) is a special purpose acquisition company incorporated in Delaware in 2022. As a blank-check vehicle, it raises capital through an initial public offering of units, each consisting of one Class A ordinary share and a fraction of a warrant, with the objective of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or other business combination with one or more businesses.
The company’s management team brings experience in private equity, growth investing and capital markets.
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