Voyager Acquisition (NASDAQ:VACH) Shares Gap Down – Here’s Why

Voyager Acquisition Corp. (NASDAQ:VACH) gapped down prior to trading on Wednesday . The stock had previously closed at $17.30, but opened at $14.63. Voyager Acquisition shares last traded at $16.3910, with a volume of 9,087 shares traded.

Voyager Acquisition Stock Down 5.3%

The company has a 50-day simple moving average of $11.69 and a 200 day simple moving average of $11.08.

Voyager Acquisition (NASDAQ:VACH) last announced its quarterly earnings data on Wednesday, May 20th. The company reported $0.01 earnings per share for the quarter.

Institutional Trading of Voyager Acquisition

Several institutional investors have recently bought and sold shares of VACH. Shaolin Capital Management LLC acquired a new stake in Voyager Acquisition in the 2nd quarter valued at $3,116,000. Radcliffe Capital Management L.P. acquired a new stake in Voyager Acquisition in the 2nd quarter valued at $5,193,000. Crossingbridge Advisors LLC acquired a new stake in Voyager Acquisition in the 3rd quarter valued at $490,000. Mangrove Partners IM LLC boosted its stake in Voyager Acquisition by 4.6% in the 3rd quarter. Mangrove Partners IM LLC now owns 450,000 shares of the company’s stock valued at $4,723,000 after buying an additional 19,797 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC raised its position in Voyager Acquisition by 6.2% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 184,739 shares of the company’s stock valued at $1,939,000 after purchasing an additional 10,767 shares during the last quarter.

About Voyager Acquisition

Voyager Acquisition Corp. (NASDAQ: VACH) is a special purpose acquisition company incorporated as an exempted company with limited liability under the laws of the Cayman Islands. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase or similar business combination with one or more businesses, with an emphasis on identifying and partnering with companies in the technology and technology‐enabled services sectors.

Voyager Acquisition Corp.