Bold Eagle Acquisition (NASDAQ:BEAGU) Stock Price Down 0% – What’s Next?

Bold Eagle Acquisition Corp. (NASDAQ:BEAGU)’s share price was down 0% on Wednesday . The company traded as low as $11.03 and last traded at $10.9170. 106 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 5,450 shares. The stock had previously closed at $10.92.

Bold Eagle Acquisition Price Performance

The firm’s 50 day simple moving average is $10.93 and its 200-day simple moving average is $10.85.

Hedge Funds Weigh In On Bold Eagle Acquisition

A hedge fund recently raised its stake in Bold Eagle Acquisition stock. Susquehanna International Group LLP boosted its stake in shares of Bold Eagle Acquisition Corp. (NASDAQ:BEAGU) by 6.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,655 shares of the company’s stock after purchasing an additional 1,022 shares during the period. Susquehanna International Group LLP’s holdings in Bold Eagle Acquisition were worth $187,000 as of its most recent filing with the SEC.

About Bold Eagle Acquisition

Bold Eagle Acquisition (NASDAQ: BEAGU) is a special purpose acquisition company incorporated in Delaware and listed on the Nasdaq Capital Market. The company was formed to raise capital in order to merge with, acquire or otherwise combine with one or more businesses, enabling a private company to become publicly traded without undergoing the traditional initial public offering process.

Through its initial public offering, Bold Eagle Acquisition offers units consisting of common shares and warrants.