Bold Eagle Acquisition (NASDAQ:BEAGU) Stock Price Up 1.9% – Time to Buy?

Bold Eagle Acquisition Corp. (NASDAQ:BEAGU) traded up 1.9% during mid-day trading on Thursday . The company traded as high as $10.99 and last traded at $10.99. 1 shares were traded during trading, a decline of 100% from the average session volume of 28,633 shares. The stock had previously closed at $10.78.

Bold Eagle Acquisition Stock Performance

The company has a 50 day simple moving average of $10.82 and a 200 day simple moving average of $10.84.

Institutional Investors Weigh In On Bold Eagle Acquisition

An institutional investor recently raised its position in Bold Eagle Acquisition stock. Susquehanna International Group LLP boosted its position in Bold Eagle Acquisition Corp. (NASDAQ:BEAGU) by 6.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,655 shares of the company’s stock after buying an additional 1,022 shares during the period. Susquehanna International Group LLP’s holdings in Bold Eagle Acquisition were worth $187,000 as of its most recent SEC filing.

About Bold Eagle Acquisition

Bold Eagle Acquisition (NASDAQ: BEAGU) is a special purpose acquisition company incorporated in Delaware and listed on the Nasdaq Capital Market. The company was formed to raise capital in order to merge with, acquire or otherwise combine with one or more businesses, enabling a private company to become publicly traded without undergoing the traditional initial public offering process.

Through its initial public offering, Bold Eagle Acquisition offers units consisting of common shares and warrants.