Major Shareholder Sells Big Chunk of IB Acquisition Corp. Stock!
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AQR Capital Management has sold 195,806 shares of IB Acquisition Corp. for $2,044,214. IB Acquisition Corp. recently held a special meeting where stockholders approved extending the deadline for a business combination to March 28, 2026. This led to $106.1 million being withdrawn from the Trust Account for redemptions, leaving $15.8 million. These changes may affect stock price movements and analyst targets. Year-to-date, IBAC's price performance is up 3.30% with an average trading volume of 51,637 and a technical sentiment signal indicating a 'Buy'.
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