Launch One Acquisition Corp. [NASDAQ: LPAAU] closed the trading session at $9.95.
If compared to the average trading volume of 15.10M shares, LPAAU reached to a volume of 15100114 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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LPAAU stock trade performance evaluation
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.
Launch One Acquisition Corp. [LPAAU]: Institutional Ownership
The top three institutional holders of LPAAU stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in LPAAU stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in LPAAU stock with ownership which is approximately 5.1238%.
