Screaming Eagle Acquisition Corp. (NASDAQ:SCRM – Get Free Report) saw strong trading volume on Thursday . 3,563,749 shares were traded during trading, an increase of 367% from the previous session’s volume of 762,877 shares.The stock last traded at $10.79 and had previously closed at $10.78.
Screaming Eagle Acquisition Trading Up 0.3 %
The business’s 50-day moving average price is $10.68 and its 200-day moving average price is $10.60.
Insider Activity at Screaming Eagle Acquisition
In related news, major shareholder Flow State Investments, L.P. sold 500,000 shares of Screaming Eagle Acquisition stock in a transaction on Friday, April 12th. The shares were sold at an average price of $10.76, for a total value of $5,380,000.00. Following the transaction, the insider now directly owns 1,591,821 shares in the company, valued at approximately $17,127,993.96. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Hedge Funds Weigh In On Screaming Eagle Acquisition
Screaming Eagle Acquisition Company Profile
Screaming Eagle Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.
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