Learn CW Investment (NYSE:LCW) Trading Down 7.8% – Here’s What Happened

Learn CW Investment Co. (NYSE:LCW) fell 7.8% on Monday . The company traded as low as $9.50 and last traded at $10.87. 87,700 shares traded hands during trading, an increase of 42% from the average session volume of 61,970 shares. The stock had previously closed at $11.79.

Learn CW Investment Stock Down 7.8 %

The firm has a 50 day moving average price of $10.94 and a two-hundred day moving average price of $10.94.

Learn CW Investment (NYSE:LCW) last announced its quarterly earnings results on Monday, August 19th. The company reported ($0.17) earnings per share for the quarter.

Institutional Investors Weigh In On Learn CW Investment

A number of hedge funds have recently made changes to their positions in LCW. Virtu Financial LLC bought a new stake in Learn CW Investment during the first quarter worth about $407,000. Spartan Fund Management Inc. boosted its holdings in shares of Learn CW Investment by 15,243.6% in the 2nd quarter. Spartan Fund Management Inc. now owns 115,077 shares of the company’s stock worth $1,254,000 after acquiring an additional 114,327 shares in the last quarter. Logan Stone Capital LLC bought a new stake in Learn CW Investment during the 2nd quarter worth approximately $2,817,000. Wolverine Asset Management LLC acquired a new stake in Learn CW Investment during the 2nd quarter valued at $3,753,000. Finally, Berkley W R Corp raised its position in Learn CW Investment by 75.9% in the 1st quarter. Berkley W R Corp now owns 806,914 shares of the company’s stock valued at $8,852,000 after purchasing an additional 348,180 shares during the last quarter. Institutional investors and hedge funds own 55.98% of the company’s stock.

About Learn CW Investment

Learn CW Investment Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search for target businesses in the media, entertainment, and technology industries.