AleAnna Inc – Class A (NASDAQ:ANNA) Shares Gap Down – Here’s What Happened

AleAnna Inc – Class A (NASDAQ:ANNAGet Free Report) gapped down prior to trading on Monday . The stock had previously closed at $9.26, but opened at $9.06. AleAnna Inc – Class A shares last traded at $9.06, with a volume of 190 shares.

AleAnna Inc – Class A Price Performance

The company has a market capitalization of $596.55 million, a P/E ratio of -447.50 and a beta of 0.16. The company has a fifty day simple moving average of $10.59.

AleAnna Inc – Class A (NASDAQ:ANNAGet Free Report) last released its earnings results on Thursday, May 15th. The company reported ($0.05) EPS for the quarter.

Institutional Investors Weigh In On AleAnna Inc – Class A

Several institutional investors and hedge funds have recently added to or reduced their stakes in ANNA. Decagon Asset Management LLP purchased a new stake in shares of AleAnna Inc – Class A in the fourth quarter worth about $3,390,000. Farallon Capital Management LLC purchased a new stake in shares of AleAnna Inc – Class A in the fourth quarter worth about $532,000. Polar Asset Management Partners Inc. purchased a new stake in shares of AleAnna Inc – Class A in the fourth quarter worth about $481,000. Sculptor Capital LP purchased a new stake in shares of AleAnna Inc – Class A in the fourth quarter worth about $367,000. Finally, NewGen Asset Management Ltd purchased a new stake in shares of AleAnna Inc – Class A in the fourth quarter worth about $192,000. 38.10% of the stock is currently owned by institutional investors and hedge funds.

AleAnna Inc – Class A Company Profile

(Get Free Report)

AleAnna, Inc engages in oil and gas exploration and production activities. It focuses on Italy’s natural gas reserves and developing renewable energy solutions. The company was founded in 2007 and is headquartered in Dallas, TX.

Further Reading

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