Forum Merger Ii Cl A (FMCI) Sets New 1-Year High at $9.95

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Shares of Forum Merger Ii Cl A (NASDAQ:FMCI) reached a new 52-week high on Tuesday . The company traded as high as $9.95 and last traded at $9.87, with a volume of 234863 shares. The stock had previously closed at $9.86.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Highbridge Capital Management LLC purchased a new position in shares of Forum Merger Ii Cl A during the third quarter worth approximately $14,318,000. Bank of Montreal Can purchased a new position in shares of Forum Merger Ii Cl A during the fourth quarter worth approximately $7,760,000. Periscope Capital Inc. purchased a new position in shares of Forum Merger Ii Cl A during the third quarter worth approximately $3,114,000. Berkley W R Corp purchased a new position in shares of Forum Merger Ii Cl A during the third quarter worth approximately $3,080,000. Finally, Mizuho Securities USA LLC purchased a new position in shares of Forum Merger Ii Cl A during the fourth quarter worth approximately $1,331,000. Institutional investors and hedge funds own 45.89% of the company’s stock.

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Forum Merger Ii Cl A Company Profile (NASDAQ:FMCI)

Forum Merger II Corporation intends to acquire assets and businesses through a merger, capital stock exchange, stock purchase, reorganization, or business combination. The company was founded in 2018 and is based in New York, New York.

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