Wall Street Zen upgraded shares of RF Acquisition Corp II (NASDAQ:RFAI – Free Report) to a sell rating in a research report released on Saturday morning,Wall Street Zen reports.
Separately, Weiss Ratings raised shares of RF Acquisition Corp II from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday. One research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, RF Acquisition Corp II currently has a consensus rating of “Hold”.
View Our Latest Report on RFAI
RF Acquisition Corp II Trading Up 4.5%
RF Acquisition Corp II (NASDAQ:RFAI – Get Free Report) last released its earnings results on Friday, August 7th. The company reported $0.01 earnings per share for the quarter.
Institutional Investors Weigh In On RF Acquisition Corp II
A hedge fund recently raised its stake in RF Acquisition Corp II stock. Clear Street Group Inc. increased its holdings in shares of RF Acquisition Corp II (NASDAQ:RFAI – Free Report) by 4,466.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 9,179 shares of the company’s stock after purchasing an additional 8,978 shares during the period. Clear Street Group Inc. owned 0.06% of RF Acquisition Corp II worth $99,000 as of its most recent filing with the SEC.
About RF Acquisition Corp II
RF Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to identify and combine with one or more private businesses through a merger, share exchange, asset acquisition, reorganization or similar transaction. The company does not operate a traditional commercial business and does not currently offer products or services of its own.
As a blank-check company, RF Acquisition Corp. II’s primary activity is evaluating potential business combination opportunities. The company may pursue a target in any industry or geographic region, subject to the terms of its governing documents and applicable regulations; publicly available information does not identify a completed acquisition or a specific target sector.
RF Acquisition Corp.
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