American Exceptionalism Acquisition (NYSE:AEXA) Reaches New 52-Week Low – Here’s What Happened

American Exceptionalism Acquisition Corp. (NYSE:AEXA)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as $10.49 and last traded at $11.41, with a volume of 118813 shares traded. The stock had previously closed at $11.32.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Weiss Ratings reaffirmed a “sell (e)” rating on shares of American Exceptionalism Acquisition in a research report on Monday, December 29th. Wall Street Zen upgraded shares of American Exceptionalism Acquisition to a “hold” rating in a report on Monday, October 6th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, American Exceptionalism Acquisition has an average rating of “Sell”.

American Exceptionalism Acquisition Stock Performance

The company’s 50 day simple moving average is $11.15.

Institutional Investors Weigh In On American Exceptionalism Acquisition

A number of institutional investors and hedge funds have recently modified their holdings of the company. Aventura Private Wealth LLC acquired a new stake in American Exceptionalism Acquisition in the 4th quarter valued at about $29,000. Scientech Research LLC bought a new stake in American Exceptionalism Acquisition in the third quarter valued at approximately $134,000. Deltec Asset Management LLC acquired a new stake in shares of American Exceptionalism Acquisition in the third quarter valued at approximately $219,000. Graham Capital Wealth Management LLC bought a new position in shares of American Exceptionalism Acquisition during the 3rd quarter worth approximately $463,000. Finally, Virtu Financial LLC acquired a new position in shares of American Exceptionalism Acquisition during the 3rd quarter worth approximately $509,000.

American Exceptionalism Acquisition Company Profile

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.