Diamond Eagle Acquisition (OTCMKTS:DEACU) Trading Down 0.4%

Diamond Eagle Acquisition Corp. (OTCMKTS:DEACU)’s share price fell 0.4% during trading on Wednesday . The stock traded as low as $10.25 and last traded at $10.25, 200 shares were traded during mid-day trading. A decline of 100% from the average session volume of 140,719 shares. The stock had previously closed at $10.29.

The business’s 50 day moving average is $10.14.

A number of institutional investors have recently made changes to their positions in DEACU. Magnetar Financial LLC purchased a new position in Diamond Eagle Acquisition in the second quarter valued at approximately $20,120,000. HGC Investment Management Inc. purchased a new position in Diamond Eagle Acquisition in the second quarter valued at approximately $18,674,000. Fortress Investment Group LLC acquired a new stake in shares of Diamond Eagle Acquisition in the second quarter valued at approximately $12,575,000. Marshall Wace LLP acquired a new stake in shares of Diamond Eagle Acquisition in the second quarter valued at approximately $10,060,000. Finally, Alberta Investment Management Corp acquired a new stake in shares of Diamond Eagle Acquisition in the second quarter valued at approximately $10,060,000.

Diamond Eagle Acquisition Company Profile (OTCMKTS:DEACU)

Diamond Eagle Acquisition Corp. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2019 and is based in Los Angeles, California.

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