Launch One Acquisition’s (LPAA) “Sell (D)” Rating Reiterated at Weiss Ratings

by · The Markets Daily

Weiss Ratings reissued their sell (d) rating on shares of Launch One Acquisition (NASDAQ:LPAA – Free Report) in a research report sent to investors on Tuesday morning,Weiss Ratings reports.

Launch One Acquisition Trading Up 0.2%

NASDAQ:LPAA opened at $10.53 on Tuesday. Launch One Acquisition has a one year low of $9.97 and a one year high of $10.70. The company has a fifty day moving average price of $10.48 and a 200 day moving average price of $10.40.

Hedge Funds Weigh In On Launch One Acquisition

Hedge funds have recently made changes to their positions in the business. Wolverine Asset Management LLC raised its stake in shares of Launch One Acquisition by 32.3% in the 1st quarter. Wolverine Asset Management LLC now owns 675,755 shares of the company’s stock valued at $6,899,000 after buying an additional 164,864 shares in the last quarter. Mizuho Securities USA LLC acquired a new position in shares of Launch One Acquisition in the 1st quarter valued at $2,791,000. Quarry LP acquired a new position in shares of Launch One Acquisition in the 1st quarter valued at $1,532,000. TENOR CAPITAL MANAGEMENT Co. L.P. raised its stake in shares of Launch One Acquisition by 87.5% in the 2nd quarter. TENOR CAPITAL MANAGEMENT Co. L.P. now owns 750,000 shares of the company’s stock valued at $7,811,000 after buying an additional 350,000 shares in the last quarter. Finally, Shaolin Capital Management LLC acquired a new position in shares of Launch One Acquisition in the 2nd quarter valued at $3,645,000.

About Launch One Acquisition

(Get Free Report)

Launch One Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Launch One Acquisition Corp. is based in New York.

Featured Articles