Longview Acquisition Corp. [NYSE: LGVW] price surged by 5.87 percent to reach at $0.86. The company report on December 3, 2020 that NOTICE – IMPORTANT SHAREHOLDER INVESTIGATION UPDATE: Brodsky & Smith, LLC Reminds Investors of Investigations Related to the Following Companies: Longview Acquisition Corp. (NYSE:LGVW), Acamar Partners Acquisition Corp. (NASDAQ:ACAM), Northern Genesis Acquisition Corp. (NYSE:NGA).
Brodsky & Smith, LLC reminds investors of investigations it is conducting regarding the following companies for possible breaches of fiduciary duty and other violations of federal and state law with respect to proposed acquisition transactions. If you own shares of any of the below-referenced stocks and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, or calling toll free 877-534-2590. There is no cost or financial obligation to you.
Longview Acquisition Corp. (NYSE:LGVW).
A sum of 7258154 shares traded at recent session while its average daily volume was at 1.56M shares. Longview Acquisition Corp. shares reached a high of $16.75 and dropped to a low of $15.08 until finishing in the latest session at $15.50.
Guru’s Opinion on Longview Acquisition Corp. [LGVW]:
The Average True Range (ATR) for Longview Acquisition Corp. is set at 1.10
LGVW Stock Performance Analysis:
Longview Acquisition Corp. [LGVW] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.77.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LGVW stock in for the last two-week period is set at 68.97, with the RSI for the last a single of trading hit 67.23, and the three-weeks RSI is set at 69.97 for Longview Acquisition Corp. [LGVW]. The present Moving Average for the last 50 days of trading for this stock 10.75, while it was recorded at 15.34 for the last single week of trading.
Insight into Longview Acquisition Corp. Fundamentals:
Longview Acquisition Corp. [LGVW] Insider Position Details
46 institutional holders increased their position in Longview Acquisition Corp. [NYSE:LGVW] by around 21,522,898 shares. Additionally, 1 investors decreased positions by around 50,000 shares, while 0 investors held positions by with 50,000 shares. The mentioned changes placed institutional holdings at 21,522,898 shares, according to the latest SEC report filing. LGVW stock had 46 new institutional investments in for a total of 21,522,898 shares, while 1 institutional investors sold positions of 50,000 shares during the same period.