Southport Acquisition (NYSE:ANGX) Shares Gap Up – Still a Buy?

Southport Acquisition Corp (NYSE:ANGXGet Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $4.48, but opened at $4.74. Southport Acquisition shares last traded at $5.06, with a volume of 432,482 shares.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on ANGX shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Southport Acquisition in a research note on Monday. Wall Street Zen downgraded shares of Southport Acquisition to a “strong sell” rating in a research note on Thursday, November 20th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

View Our Latest Research Report on ANGX

Southport Acquisition Stock Performance

About Southport Acquisition

(Get Free Report)

Southport Acquisition Corporation 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 assets. It intends to identify business opportunities in the field of financial software space with a focus on mortgage and real estate verticals.

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