Horizon Space Acquisition I Corp. (NASDAQ:HSPO – Get Free Report) dropped 2.2% during mid-day trading on Tuesday . The company traded as low as $11.71 and last traded at $11.90. Approximately 6,907 shares were traded during trading, a decline of 96% from the average daily volume of 181,270 shares. The stock had previously closed at $12.17.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings restated a “hold (c-)” rating on shares of Horizon Space Acquisition I in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Horizon Space Acquisition I currently has a consensus rating of “Hold”.
Check Out Our Latest Analysis on Horizon Space Acquisition I
Horizon Space Acquisition I Stock Performance
Horizon Space Acquisition I (NASDAQ:HSPO – Get Free Report) last posted its earnings results on Wednesday, November 26th. The company reported $0.21 earnings per share (EPS) for the quarter.
Hedge Funds Weigh In On Horizon Space Acquisition I
A hedge fund recently raised its stake in Horizon Space Acquisition I stock. Clear Street LLC lifted its holdings in Horizon Space Acquisition I Corp. (NASDAQ:HSPO – Free Report) by 138.1% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,864 shares of the company’s stock after buying an additional 2,821 shares during the period. Clear Street LLC owned approximately 0.12% of Horizon Space Acquisition I worth $58,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 69.10% of the company’s stock.
About Horizon Space Acquisition I
Horizon Space Acquisition I Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or related business combination with one or more businesses. Horizon Space Acquisition I Corp. was incorporated in 2022 and is based in New York, New York.
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