DLD Asset Management LP Buys New Holdings in Newbury Street II Acquisition Corp – Class A Ordinary Shares $NTWO

DLD Asset Management LP bought a new position in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares (NASDAQ:NTWO) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 250,000 shares of the company’s stock, valued at approximately $2,572,000.

Several other hedge funds and other institutional investors have also modified their holdings of NTWO. Magnetar Financial LLC bought a new stake in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares during the second quarter worth approximately $14,906,000. AQR Arbitrage LLC bought a new position in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares in the first quarter worth $10,249,000. Ghisallo Capital Management LLC acquired a new position in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares in the 1st quarter valued at approximately $9,566,000. Linden Advisors LP acquired a new position in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares during the 1st quarter worth $9,063,000. Finally, Wolverine Asset Management LLC lifted its stake in Newbury Street II Acquisition Corp – Class A Ordinary Shares by 688.2% in the 2nd quarter. Wolverine Asset Management LLC now owns 903,993 shares of the company’s stock valued at $9,302,000 after purchasing an additional 789,304 shares during the last quarter.

Newbury Street II Acquisition Corp – Class A Ordinary Shares Stock Performance

NTWO stock opened at $10.39 on Thursday. The business has a 50-day simple moving average of $10.38 and a two-hundred day simple moving average of $10.32. Newbury Street II Acquisition Corp – Class A Ordinary Shares has a 52-week low of $9.88 and a 52-week high of $10.45.

Newbury Street II Acquisition Corp – Class A Ordinary Shares (NASDAQ:NTWO) last released its quarterly earnings results on Friday, November 14th. The company reported $0.07 earnings per share for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares in a research note on Monday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Newbury Street II Acquisition Corp – Class A Ordinary Shares Company Profile

Newbury Street II Acquisition Corp. is a blank check company, which engages in the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on June 18, 2024 and is headquartered in Boston, MA.