Wolverine Asset Management LLC increased its position in D. Boral ARC Acquisition I Corp. (NASDAQ:BCAR – Free Report) by 33.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,134,863 shares of the company’s stock after buying an additional 284,863 shares during the period. Wolverine Asset Management LLC’s holdings in D. Boral ARC Acquisition I were worth $11,383,000 as of its most recent SEC filing.
D. Boral ARC Acquisition I Price Performance
D. Boral ARC Acquisition I stock opened at $10.22 on Monday. The firm has a fifty day simple moving average of $10.15. D. Boral ARC Acquisition I Corp. has a 52 week low of $9.88 and a 52 week high of $10.65.
Analysts Set New Price Targets
Separately, Weiss Ratings began coverage on D. Boral ARC Acquisition I in a research note on Monday, January 26th. They issued a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.
D. Boral ARC Acquisition I Company Profile
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.
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