Slam Corp. (OTCMKTS:SLAMU – Get Rating) shot up 0.1% on Wednesday . The company traded as high as $9.86 and last traded at $9.86. 212 shares were traded during mid-day trading, a decline of 98% from the average session volume of 8,646 shares. The stock had previously closed at $9.85.
The business has a fifty day moving average of $9.87 and a two-hundred day moving average of $9.87.
Several institutional investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. raised its holdings in shares of Slam by 17.0% during the third quarter. Goldman Sachs Group Inc. now owns 257,136 shares of the company’s stock valued at $2,546,000 after acquiring an additional 37,355 shares during the last quarter. Centiva Capital LP acquired a new position in shares of Slam during the fourth quarter valued at approximately $1,976,000. Darlington Partners Capital Management LP acquired a new position in shares of Slam during the fourth quarter valued at approximately $1,727,000. Sandia Investment Management LP acquired a new position in shares of Slam during the fourth quarter valued at approximately $1,487,000. Finally, Spartan Fund Management Inc. acquired a new position in shares of Slam during the first quarter valued at approximately $1,230,000.
Slam Corp. a blank check company, intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities. The company was founded in 2020 and is based in New York, New York.
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