Prospector Capital Corp. (NASDAQ:PRSRU – Get Free Report) dropped 0.7% during trading on Wednesday . The stock traded as low as $3.60 and last traded at $4.43. Approximately 6,300 shares changed hands during mid-day trading, an increase of 97% from the average daily volume of 3,202 shares. The stock had previously closed at $4.46.
Prospector Capital Stock Down 0.7 %
The firm has a 50 day simple moving average of $4.43 and a 200 day simple moving average of $7.40.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Prospector Capital stock. Cubist Systematic Strategies LLC purchased a new stake in Prospector Capital Corp. (NASDAQ:PRSRU – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 10,655 shares of the company’s stock, valued at approximately $106,000.
Prospector Capital Company Profile
Prospector Capital Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Prospector Capital Corp. was incorporated in 2020 and is based in La Jolla, California.
Further Reading
- Five stocks we like better than Prospector Capital
- Russell 2000 Index, How Investors Use it For Profitable Trading
- Best Bear Market Funds: Top 3 Investment Options to Consider
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- Is DraftKings A Good Bet Ahead of Q1 Earnings?
- Short Selling: How to Short a Stock
- Mid-Cap Stocks to Outperform the Market This Cycle
Receive News & Ratings for Prospector Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prospector Capital and related companies with MarketBeat.com's FREE daily email newsletter.