AA Mission Acquisition (NYSE:AAM) Trading 0.1% Higher – Here’s What Happened

AA Mission Acquisition Corp. (NYSE:AAMGet Free Report)’s share price was up 0.1% during trading on Thursday . The stock traded as high as $10.70 and last traded at $10.6750. Approximately 151 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 22,123 shares. The stock had previously closed at $10.66.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of AA Mission Acquisition in a research note on Tuesday, October 14th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

View Our Latest Report on AAM

AA Mission Acquisition Trading Up 0.1%

The stock has a fifty day moving average of $10.63 and a 200 day moving average of $10.54.

AA Mission Acquisition (NYSE:AAMGet Free Report) last posted its quarterly earnings results on Friday, November 7th. The company reported $0.11 earnings per share (EPS) for the quarter. The business had revenue of $3.78 million for the quarter.

Institutional Investors Weigh In On AA Mission Acquisition

A hedge fund recently bought a new stake in AA Mission Acquisition stock. Concurrent Investment Advisors LLC acquired a new stake in shares of AA Mission Acquisition Corp. (NYSE:AAMFree Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 11,500 shares of the company’s stock, valued at approximately $121,000.

AA Mission Acquisition Company Profile

(Get Free Report)

AA Mission Acquisition Corp. (NYSE: AAM) is a blank‐check company incorporated for the purpose of effecting a merger, capital stock exchange, asset acquisition or similar business combination with one or more businesses. As a special purpose acquisition company (SPAC), AAM raises capital through an initial public offering and holds those funds in trust until identifying and closing on a qualifying transaction. The vehicle allows public investors to participate in the acquisition process alongside the sponsors and management team.

Since its formation, AA Mission Acquisition has focused on sourcing growth‐stage and established companies that present opportunities for long‐term value creation.

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