AI Infrastructure Acquisition (NYSE:AIIA) Releases Earnings Results

AI Infrastructure Acquisition (NYSE:AIIA) announced its earnings results on Friday. The company reported $0.06 EPS for the quarter, FiscalAI reports.

AI Infrastructure Acquisition Price Performance

AI Infrastructure Acquisition stock traded up $0.01 during midday trading on Friday, hitting $10.21. 185 shares of the stock were exchanged, compared to its average volume of 26,290. AI Infrastructure Acquisition has a 1 year low of $9.85 and a 1 year high of $10.25. The company has a 50 day simple moving average of $10.18.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded AI Infrastructure Acquisition from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, August 3rd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On AI Infrastructure Acquisition

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Sona Asset Management US LLC purchased a new stake in shares of AI Infrastructure Acquisition during the first quarter worth about $1,543,000. PNC Financial Services Group Inc. acquired a new position in shares of AI Infrastructure Acquisition in the first quarter worth about $1,504,000. Finally, Berkley W R Corp boosted its holdings in AI Infrastructure Acquisition by 63.6% in the first quarter. Berkley W R Corp now owns 330,294 shares of the company’s stock valued at $3,313,000 after purchasing an additional 128,425 shares during the last quarter.

About AI Infrastructure Acquisition

AI Infrastructure Acquisition Corp is a blank check company.