ALCC Stock Summary and Trading Ideas (Altc Acquisition Corp. Class A | NYSE:ALCC)

AltC Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Altc Acquisition Corp. Class A trades on the NYSE stock market under the symbol ALCC.

As of April 19, 2024, ALCC stock price declined to $12.50 with 342,416 million shares trading.

ALCC has a beta of -0.15, meaning it tends to be less sensitive to market movements. ALCC has a correlation of 0.01 to the broad based SPY ETF.

ALCC has a market cap of $538.76 million. This is considered a Small Cap stock.

The top ETF exchange traded funds that ALCC belongs to (by Net Assets): SMLV, NUKZ.

ALCC has outperformed the market in the last year with a price return of +23.4% while the SPY ETF gained +20.9%. ALCC has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +17.5% and -3.1%, respectively, while the SPY returned +4.0% and -3.7%, respectively.

ALCC support price is $12.38 and resistance is $12.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ALCC stock will trade within this expected range on the day.