LiveWire Group, Inc. (NYSE:LVWR – Get Free Report)’s share price was up 2.6% during trading on Monday . The stock traded as high as $10.26 and last traded at $10.26. Approximately 746 shares changed hands during trading, a decline of 98% from the average daily volume of 33,111 shares. The stock had previously closed at $10.00.
Wall Street Analyst Weigh In
Separately, Citigroup lifted their price objective on shares of LiveWire Group from $7.50 to $10.50 and gave the stock a “neutral” rating in a research note on Sunday, July 23rd.
LiveWire Group Stock Down 4.0 %
LiveWire Group (NYSE:LVWR – Get Free Report) last announced its earnings results on Thursday, July 27th. The company reported ($0.14) EPS for the quarter. The business had revenue of $7.03 million for the quarter.
Institutional Trading of LiveWire Group
Institutional investors have recently added to or reduced their stakes in the business. Barclays PLC acquired a new stake in LiveWire Group in the second quarter valued at approximately $27,000. Citigroup Inc. acquired a new stake in LiveWire Group during the second quarter worth $39,000. California State Teachers Retirement System acquired a new stake in LiveWire Group during the second quarter worth $43,000. Wells Fargo & Company MN boosted its stake in LiveWire Group by 904.2% during the second quarter. Wells Fargo & Company MN now owns 5,021 shares of the company’s stock worth $59,000 after buying an additional 4,521 shares in the last quarter. Finally, American International Group Inc. acquired a new stake in LiveWire Group during the second quarter worth $63,000. 0.51% of the stock is currently owned by institutional investors and hedge funds.
About LiveWire Group
LiveWire Group, Inc manufactures electric motorcycles in the United States and internationally. It operates in two segments Electric Motorcycles and STACYC. The company offers electric motorcycles and parts, accessories, and apparel. It serves wholesalers, independent dealers, retailers, and through online.
- Five stocks we like better than LiveWire Group
- High Flyers: 3 Natural Gas Stocks for March 2022
- 5 Reasons Mullen Automotive is About to Turn a Corner
- Stock Splits, Do They Really Impact Investors?
- Qualcomm and Apple Forge Ahead with New Modem Partnership
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Can These 3 Healthcare Dividend Stocks Deliver Income Growth?
Receive News & Ratings for LiveWire Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LiveWire Group and related companies with MarketBeat.com's FREE daily email newsletter.