Blue Acquisition Corp/Cayman (NASDAQ:BACC) Trading 0.1% Higher – Should You Buy?

Posted by ABMN Staff on Feb 27th, 2026

Blue Acquisition Corp/Cayman (NASDAQ:BACC – Get Free Report)’s share price traded up 0.1% during mid-day trading on Thursday . The company traded as high as $10.18 and last traded at $10.18. 54,323 shares changed hands during trading, a decline of 51% from the average session volume of 111,101 shares. The stock had previously closed at $10.17.

Wall Street Analyst Weigh In

Separately, Weiss Ratings started coverage on shares of Blue Acquisition Corp/Cayman in a research note on Monday, January 26th. They issued a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Blue Acquisition Corp/Cayman has a consensus rating of “Sell”.

Check Out Our Latest Stock Report on Blue Acquisition Corp/Cayman

Blue Acquisition Corp/Cayman Trading Up 0.1%

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Meteora Capital LLC purchased a new stake in Blue Acquisition Corp/Cayman in the 4th quarter worth approximately $136,000. Stoic Point Capital Management LLC bought a new position in shares of Blue Acquisition Corp/Cayman in the fourth quarter worth approximately $255,000. HRT Financial LP purchased a new stake in shares of Blue Acquisition Corp/Cayman in the fourth quarter worth $318,000. Heights Capital Management Inc. bought a new stake in shares of Blue Acquisition Corp/Cayman during the 4th quarter valued at $342,000. Finally, Boothbay Fund Management LLC bought a new stake in shares of Blue Acquisition Corp/Cayman during the 4th quarter valued at $464,000.

About Blue Acquisition Corp/Cayman

(Get Free Report)

Blue Acquisition Corp/Cayman (NASDAQ: BACC) is a special purpose acquisition company (SPAC) organized as a Cayman Islands exempted company. As a blank-check vehicle, its primary business activity is to raise capital through its public listing and use those proceeds to identify, negotiate and complete a merger, acquisition, share exchange, asset acquisition, reorganization or similar business combination with one or more operating businesses.

Like other SPACs, Blue Acquisition typically holds the funds raised in trust pending the completion of a qualifying business combination and provides public investors with the opportunity to vote on proposed transactions and to seek redemption of their shares in accordance with the company’s governing documents.