CSLM Acquisition (NASDAQ:CSLM) Shares Up 0.3% – What’s Next?

CSLM Acquisition Corp. (NASDAQ:CSLM)’s share price traded up 0.3% during mid-day trading on Monday . The company traded as high as $11.50 and last traded at $11.50. 3,797 shares traded hands during trading, a decline of 89% from the average session volume of 34,092 shares. The stock had previously closed at $11.46.

CSLM Acquisition Price Performance

The firm’s 50 day moving average price is $11.37 and its 200-day moving average price is $11.31.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in CSLM Acquisition stock. Logan Stone Capital LLC purchased a new stake in CSLM Acquisition Corp. (NASDAQ:CSLM) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 139,761 shares of the company’s stock, valued at approximately $1,571,000. Logan Stone Capital LLC owned approximately 1.47% of CSLM Acquisition as of its most recent SEC filing. Institutional investors and hedge funds own 46.80% of the company’s stock.

About CSLM Acquisition

CSLM Acquisition Corp. 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 or entities. It intends to focus on companies operating in the technology, digital media, e-commerce, financial technology, or digital services sectors.