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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 March 28, 2024, ALCC stock price climbed to $11.42 with 555,912 million shares trading.
ALCC has a beta of -0.05, 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 $492.21 million. This is considered a Small Cap stock.
The top ETF exchange traded funds that ALCC belongs to (by Net Assets): NUKZ.
ALCC has underperformed the market in the last year with a return of +12.8%, while the SPY ETF gained +33.6%. In the last 3 month period, ALCC fell short of the market, returning +7.4%, while SPY returned +10.1%. However, in the most recent 2 weeks ALCC has outperformed the stock market by returning +5.8%, while SPY returned +1.7%.
ALCC support price is $11.05 and resistance is $11.26 (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.