D. Boral ARC Acquisition I (NASDAQ:BCAR) Announces Earnings Results

D. Boral ARC Acquisition I (NASDAQ:BCAR) issued its quarterly earnings results on Friday. The company reported $0.07 EPS for the quarter, FiscalAI reports.

D. Boral ARC Acquisition I Trading Up 3.4%

Shares of NASDAQ BCAR traded up $0.36 during trading hours on Friday, reaching $10.83. 2,250,249 shares of the stock traded hands, compared to its average volume of 614,507. The business’s 50-day moving average is $10.23. D. Boral ARC Acquisition I has a 52-week low of $9.88 and a 52-week high of $10.89.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Meteora Capital LLC lifted its holdings in shares of D. Boral ARC Acquisition I by 1,288.5% in the 4th quarter. Meteora Capital LLC now owns 1,928,291 shares of the company’s stock worth $19,341,000 after acquiring an additional 1,789,416 shares during the last quarter. Wolverine Asset Management LLC boosted its stake in shares of D. Boral ARC Acquisition I by 33.5% in the 4th quarter. Wolverine Asset Management LLC now owns 1,134,863 shares of the company’s stock valued at $11,383,000 after purchasing an additional 284,863 shares in the last quarter. Radcliffe Capital Management L.P. grew its holdings in shares of D. Boral ARC Acquisition I by 20.7% during the 4th quarter. Radcliffe Capital Management L.P. now owns 549,672 shares of the company’s stock valued at $5,513,000 after purchasing an additional 94,323 shares during the last quarter. OMERS ADMINISTRATION Corp bought a new position in shares of D. Boral ARC Acquisition I during the 4th quarter valued at $5,015,000. Finally, Magnetar Financial LLC purchased a new position in D. Boral ARC Acquisition I in the 4th quarter worth $4,764,000. 4.33% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on shares of D. Boral ARC Acquisition I in a report on Monday, January 26th. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

About D. Boral ARC Acquisition I

D. Boral ARC Acquisition I (NASDAQ: BCAR) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to raise capital through a public offering and to effect a merger, share exchange, asset acquisition or similar business combination with one or more operating businesses. As a SPAC, its primary activity is identifying and negotiating a business combination rather than conducting commercial operations itself.

Publicly available disclosures do not identify a confirmed target company, a specific industry focus or detailed information about the company’s leadership and sponsors in widely accessible sources.