Learn CW Investment (NYSE:LCW) Stock Price Down 7.8% – Should You Sell?

Shares of Learn CW Investment Co. (NYSE:LCW) traded down 7.8% during mid-day trading on Monday . The company traded as low as $9.50 and last traded at $10.87. 87,700 shares were traded 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 Price Performance

The company has a 50-day moving average price of $10.94 and a 200-day moving average price of $10.94.

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

Institutional Trading of Learn CW Investment

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

Learn CW Investment Company Profile

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.