MASO CAPITAL PARTNERS Ltd Takes Position in Churchill Capital Corp X $CCCX

MASO CAPITAL PARTNERS Ltd bought a new position in shares of Churchill Capital Corp X (NASDAQ:CCCX) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 50,000 shares of the company’s stock, valued at approximately $643,000. Churchill Capital Corp X accounts for approximately 1.0% of MASO CAPITAL PARTNERS Ltd’s investment portfolio, making the stock its 18th largest holding. MASO CAPITAL PARTNERS Ltd owned 0.10% of Churchill Capital Corp X as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in CCCX. MGO One Seven LLC acquired a new position in Churchill Capital Corp X in the 3rd quarter valued at $129,000. Cookson Peirce & Co. Inc. bought a new position in Churchill Capital Corp X during the 3rd quarter worth $386,000. Alberta Investment Management Corp acquired a new stake in shares of Churchill Capital Corp X during the third quarter worth $19,290,000. Pekin Hardy Strauss Inc. bought a new stake in shares of Churchill Capital Corp X in the third quarter valued at about $356,000. Finally, Highbridge Capital Management LLC bought a new stake in shares of Churchill Capital Corp X in the third quarter valued at about $17,797,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Churchill Capital Corp X in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Churchill Capital Corp X Price Performance

NASDAQ:CCCX opened at $13.66 on Tuesday. The firm’s fifty day moving average is $14.80. Churchill Capital Corp X has a fifty-two week low of $10.03 and a fifty-two week high of $27.50.

About Churchill Capital Corp X

Churchill Capital Corp X (NASDAQ: CCCX) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to raise capital through an initial public offering for the purpose of effecting one or more business combinations. As a SPAC, it initially holds the proceeds from its public offering in a trust account while management and the sponsor identify and negotiate a potential merger, acquisition, or other qualifying business combination that would result in the acquired company becoming publicly listed.

The company’s primary activities are sourcing, evaluating and completing a business combination with a target company.