D. Boral ARC Acquisition I (NASDAQ:BCAR) Stock Price Up 0.1% – What’s Next?

Shares of D. Boral ARC Acquisition I Corp. (NASDAQ:BCAR) were up 0.1% on Wednesday . The stock traded as high as $10.13 and last traded at $10.12. Approximately 635,377 shares were traded during trading, an increase of 0% from the average daily volume of 634,373 shares. The stock had previously closed at $10.11.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on shares of D. Boral ARC Acquisition I in a research report on Monday, January 26th. They issued a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

D. Boral ARC Acquisition I Stock Up 0.1%

The company’s fifty day moving average is $10.12.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in BCAR. Meteora Capital LLC lifted its stake in D. Boral ARC Acquisition I by 1,288.5% in the fourth quarter. Meteora Capital LLC now owns 1,928,291 shares of the company’s stock valued at $19,341,000 after buying an additional 1,789,416 shares during the last quarter. OMERS ADMINISTRATION Corp bought a new stake in D. Boral ARC Acquisition I in the 4th quarter valued at about $5,015,000. Magnetar Financial LLC bought a new stake in D. Boral ARC Acquisition I in the 4th quarter valued at about $4,764,000. Wolverine Asset Management LLC boosted its stake in D. Boral ARC Acquisition I by 33.5% during the 4th quarter. Wolverine Asset Management LLC now owns 1,134,863 shares of the company’s stock valued at $11,383,000 after purchasing an additional 284,863 shares during the period. Finally, Picton Mahoney Asset Management bought a new position in D. Boral ARC Acquisition I in the 4th quarter worth about $2,758,000. 4.33% of the stock is currently owned by institutional investors.

About D. Boral ARC Acquisition I

D. Boral ARC Acquisition I (NASDAQ: BCAR) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to raise capital through a public offering and to effect a merger, share exchange, asset acquisition or similar business combination with one or more operating businesses. As a SPAC, its primary activity is identifying and negotiating a business combination rather than conducting commercial operations itself.

Publicly available disclosures do not identify a confirmed target company, a specific industry focus or detailed information about the company’s leadership and sponsors in widely accessible sources.