Bleichroeder Acquisition Corp. I (NASDAQ:BACQ) Raised to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Bleichroeder Acquisition Corp. I (NASDAQ:BACQ) to a hold rating in a report issued on Friday morning.

Bleichroeder Acquisition Corp. I Stock Performance

Shares of BACQ stock opened at $10.33 on Friday. Bleichroeder Acquisition Corp. I has a 52 week low of $9.80 and a 52 week high of $10.45. The business has a fifty day moving average of $10.21.

Institutional Trading of Bleichroeder Acquisition Corp. I

Hedge funds have recently bought and sold shares of the stock. Rangeley Capital LLC purchased a new stake in Bleichroeder Acquisition Corp. I in the 4th quarter worth $119,000. ATW Spac Management LLC purchased a new stake in shares of Bleichroeder Acquisition Corp. I during the 4th quarter valued at about $339,000. Boothbay Fund Management LLC purchased a new stake in shares of Bleichroeder Acquisition Corp. I during the 4th quarter valued at about $339,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Bleichroeder Acquisition Corp. I during the 1st quarter valued at about $609,000. Finally, K2 Principal Fund L.P. purchased a new stake in shares of Bleichroeder Acquisition Corp. I during the 4th quarter valued at about $756,000.

About Bleichroeder Acquisition Corp. I

Bleichroeder Acquisition Corp. I is a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded by Andrew Stephen Gundlach and Michel Combes on June 24, 2024 and is headquartered in New York, NY.