Plum Acquisition Corp. IV (NASDAQ:PLMK) Stock Price Up 0.2% - Still a Buy?

Plum Acquisition Corp. IV (NASDAQ:PLMK - Get Free Report) was up 0.2% on Thursday . The stock traded as high as $10.47 and last traded at $10.45. Approximately 1,653 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 45,473 shares. The stock had previously closed at $10.43.Wall Street Analyst Weigh InSeparately, Weiss Ratings restated a "sell (d-)" rating on shares of Plum Acquisition Corp. IV in a research report on Tuesday, October 14th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of "Sell".Check Out Our Latest Report on Plum Acquisition Corp. IVPlum Acquisition Corp. IV Price PerformanceThe business has a fifty day moving average of $10.43 and a 200-day moving average of $10.35. Plum Acquisition Corp. IV (NASDAQ:PLMK - Get Free Report) last announced its quarterly earnings results on Thursday, November 13th. The company reported $0.07 earnings per share (EPS) for the quarter. Hedge Funds Weigh In On Plum Acquisition Corp. IVSeveral large investors have recently bought and sold shares of the stock. Berkley W R Corp lifted its stake in shares of Plum Acquisition Corp. IV by 34.9% in the 2nd quarter. Berkley W R Corp now owns 768,888 shares of the company's stock worth $7,896,000 after acquiring an additional 199,045 shares during the period. Karpus Management Inc. increased its stake in shares of Plum Acquisition Corp. IV by 52.1% during the second quarter. Karpus Management Inc. now owns 685,225 shares of the company's stock valued at $7,037,000 after acquiring an additional 234,625 shares during the period. Wolverine Asset Management LLC raised its holdings in Plum Acquisition Corp. IV by 90.5% during the second quarter. Wolverine Asset Management LLC now owns 648,206 shares of the company's stock worth $6,677,000 after purchasing an additional 308,024 shares in the last quarter. Magnetar Financial LLC acquired a new stake in Plum Acquisition Corp. IV in the second quarter worth approximately $5,138,000. Finally, Alberta Investment Management Corp acquired a new stake in Plum Acquisition Corp. IV in the second quarter worth approximately $5,150,000. About Plum Acquisition Corp. IV (Get Free Report)Plum Acquisition Corp. IV is a special purpose acquisition company incorporated in the Cayman Islands. Trading on the Nasdaq under the ticker PLMK, the company has no operating history and was formed for the purpose of effecting one or more business combinations, such as a merger, capital stock exchange, asset acquisition or similar transaction. The company completed its initial public offering, raising capital through the sale of units comprised of ordinary shares and warrants. The net proceeds of the offering are held in a trust account, pending the identification and consummation of a suitable business combination within the prescribed timeframe, generally 24 months from the closing date of the offering. Although Plum Acquisition Corp.Further ReadingFive stocks we like better than Plum Acquisition Corp. IVElon Taking SpaceX Public! $100 Pre-IPO Opportunity!Do not delete, read immediatelyThis stock gets a 94 out of 100Ticker Revealed: Pre-IPO Access to "Next Elon Musk" CompanyHow the Rich RetireThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Plum Acquisition Corp. IV Right Now?Before you consider Plum Acquisition Corp. IV, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Plum Acquisition Corp. IV wasn't on the list.While Plum Acquisition Corp. IV currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here