American Exceptionalism Acquisition (NYSE:AEXA) Hits New 1-Year High – What’s Next?

American Exceptionalism Acquisition Corp. (NYSE:AEXA) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $12.00 and last traded at $12.00, with a volume of 2701 shares. The stock had previously closed at $11.83.

Analyst Ratings Changes

AEXA has been the topic of several analyst reports. Weiss Ratings reissued a “sell (e)” rating on shares of American Exceptionalism Acquisition in a research report on Monday, December 29th. Wall Street Zen raised American Exceptionalism Acquisition to a “hold” rating in a research report on Monday, October 6th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

American Exceptionalism Acquisition Stock Performance

The stock’s fifty day simple moving average is $11.26.

Hedge Funds Weigh In On American Exceptionalism Acquisition

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Aventura Private Wealth LLC bought a new stake in shares of American Exceptionalism Acquisition in the 4th quarter worth approximately $29,000. Scientech Research LLC acquired a new position in shares of American Exceptionalism Acquisition in the third quarter valued at $134,000. Deltec Asset Management LLC bought a new position in American Exceptionalism Acquisition in the third quarter worth $219,000. Graham Capital Wealth Management LLC bought a new position in American Exceptionalism Acquisition in the third quarter worth $463,000. Finally, Virtu Financial LLC acquired a new stake in American Exceptionalism Acquisition during the third quarter worth $509,000.

About American Exceptionalism Acquisition

We are led by Chamath Palihapitiya, the founder and Managing Partner of Social Capital. Like Social Capital, the company is formed to confront the world’s hardest problems. Although these problems have evolved over the past decade, our approach remains the same—with a dedication to first principles thinking, deep technological understanding and a willingness to be contrarian to consensus. — We intend to find companies that operate in sectors that we believe will be instrumental in maintaining U.S.