Periscope Capital Inc. Makes New $2.43 Million Investment in Andretti Acquisition Corp. (NYSE:WNNR)

Periscope Capital Inc. bought a new stake in shares of Andretti Acquisition Corp. (NYSE:WNNRFree Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 230,800 shares of the company’s stock, valued at approximately $2,426,000. Periscope Capital Inc. owned about 0.80% of Andretti Acquisition at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Starboard Value LP purchased a new position in Andretti Acquisition in the first quarter valued at approximately $4,379,000. First Trust Capital Management L.P. purchased a new position in shares of Andretti Acquisition during the 4th quarter valued at $465,000. State Street Corp grew its stake in shares of Andretti Acquisition by 29.6% during the 3rd quarter. State Street Corp now owns 14,000 shares of the company’s stock worth $141,000 after acquiring an additional 3,200 shares during the period. Cowen Investment Management LLC purchased a new stake in Andretti Acquisition in the 1st quarter worth about $2,628,000. Finally, Segantii Capital Management Ltd bought a new stake in Andretti Acquisition in the 1st quarter valued at about $788,000.

Andretti Acquisition Price Performance

NYSE:WNNR traded up $0.02 on Thursday, reaching $10.75. 10,211 shares of the company’s stock were exchanged, compared to its average volume of 180,956. The stock has a fifty day simple moving average of $10.66 and a 200-day simple moving average of $10.58. Andretti Acquisition Corp. has a 52 week low of $10.02 and a 52 week high of $10.91.

About Andretti Acquisition

(Free Report)

Andretti Acquisition 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. Andretti Acquisition Corp. was incorporated in 2021 and is based in Indianapolis, Indiana.

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Institutional Ownership by Quarter for Andretti Acquisition (NYSE:WNNR)

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