Lineage Point Capital LP purchased a new position in shares of Mountain Lake Acquisition Corp. II (NASDAQ:MLAA – Free Report) in the 2nd quarter, Holdings Channel reports. The firm purchased 294,214 shares of the company’s stock, valued at approximately $2,922,000.
Mountain Lake Acquisition Corp. II Stock Performance
Shares of MLAA opened at $10.04 on Friday. Mountain Lake Acquisition Corp. II has a 12 month low of $9.40 and a 12 month high of $11.20. The stock’s 50-day moving average is $9.97.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings raised Mountain Lake Acquisition Corp. II from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Mountain Lake Acquisition Corp. II currently has a consensus rating of “Sell”.
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