An Evaluation Of AltC Acquisition Corp (NYSE: ALCC) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Earlier, Yahoo Finance discussed this stock as it revealed ADDING and REPLACING Oklo to Host Investor Day on Friday, February 2, 2024.

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Stocks Info

ALCC belongs to the Financial sector of the NYSE while operating in the Shell Companies industry. At the end of the last regular session, the stock closed at $12.18 and fluctuated between $12.28 as its day high and $11.50 as its day low. The current market capitalization of AltC Acquisition Corp is $524.96M. A total of 1.62 million shares were traded on the day, compared to an average of 182.88K shares.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, ALCC has a high of $11.46 and a low of $10.10.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. ALCC’s latest balance sheet shows that the firm has $3.34M in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $6.85, while its Total Shareholder’s Equity was $486.82M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock.

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