Shares of RF Acquisition Corp II (NASDAQ:RFAI – Get Free Report) traded down 16.2% during trading on Monday . The stock traded as low as $8.94 and last traded at $9.29. Approximately 8,189 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 49,102 shares. The stock had previously closed at $11.09.
Analyst Ratings Changes
Separately, Weiss Ratings upgraded shares of RF Acquisition Corp II from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.
View Our Latest Analysis on RF Acquisition Corp II
RF Acquisition Corp II Stock Performance
RF Acquisition Corp II (NASDAQ:RFAI – Get Free Report) last announced its quarterly earnings data 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 number of large investors have recently bought and sold shares of the company. Clear Street Group Inc. raised its position in shares of RF Acquisition Corp II by 4,466.7% in the 4th quarter. Clear Street Group Inc. now owns 9,179 shares of the company’s stock valued at $99,000 after buying an additional 8,978 shares in the last quarter. Susquehanna International Group LLP acquired a new stake in shares of RF Acquisition Corp II during the 3rd quarter worth approximately $132,000. Finally, Shaolin Capital Management LLC acquired a new stake in shares of RF Acquisition Corp II during the 3rd quarter worth approximately $940,000.
About RF Acquisition Corp II
RF Acquisition Corp. II operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on February 5, 2024, and is headquartered in Singapore.
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