Rivernorth Capital Management LLC purchased a new stake in Future Money Acquisition Corporation (NASDAQ:FMAC – Free Report) in the second quarter, Holdings Channel.com reports. The firm purchased 390,000 shares of the company’s stock, valued at approximately $3,916,000.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings assumed coverage on shares of Future Money Acquisition in a research report on Wednesday, August 12th. They issued a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.
View Our Latest Report on FMAC
Future Money Acquisition Price Performance
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Want to see what other hedge funds are holding FMAC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Future Money Acquisition Corporation (NASDAQ:FMAC – Free Report).
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