LightWave Acquisition (NASDAQ:LWAC) Shares Down 0.2% – Here’s What Happened

Posted by Alanna Baker on Jul 15th, 2026

LightWave Acquisition Corp. (NASDAQ:LWAC – Get Free Report) was down 0.2% on Tuesday . The company traded as low as $10.23 and last traded at $10.23. Approximately 18 shares traded hands during trading, a decline of 100% from the average session volume of 7,582 shares. The stock had previously closed at $10.25.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded LightWave Acquisition from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, LightWave Acquisition currently has an average rating of “Sell”.

Check Out Our Latest Stock Report on LWAC

LightWave Acquisition Stock Performance

The firm’s fifty day moving average price is $10.22 and its two-hundred day moving average price is $10.15.

LightWave Acquisition (NASDAQ:LWAC – Get Free Report) last announced its quarterly earnings results on Friday, May 15th. The company reported $0.06 earnings per share (EPS) for the quarter.

Hedge Funds Weigh In On LightWave Acquisition

Large investors have recently bought and sold shares of the business. Gabelli Funds LLC acquired a new stake in LightWave Acquisition in the 3rd quarter valued at $444,000. Two Sigma Investments LP acquired a new position in LightWave Acquisition during the third quarter worth $6,763,000. Virtu Financial LLC acquired a new position in LightWave Acquisition during the third quarter worth $3,108,000. AQR Arbitrage LLC purchased a new position in LightWave Acquisition during the third quarter valued at $13,958,000. Finally, TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new position in LightWave Acquisition during the third quarter valued at $9,950,000.

About LightWave Acquisition

(Get Free Report)

Locust Walk Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Boston, Massachusetts.