Ares Acquisition Corporation II (AACT)
| Previous close | 10.62 |
| Open | 10.64 |
| Bid | 10.63 x 1800 |
| Ask | 10.64 x 1800 |
| Day's range | 10.63 - 10.63 |
| 52-week range | 10.10 - 10.76 |
| Volume | |
| Avg. volume | 199,930 |
| Market cap | 664.375M |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 29.53 |
| EPS (TTM) | 0.36 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
Simply Wall St.With 60% institutional ownership, Ares Acquisition Corporation II (NYSE:AACT) is a favorite amongst the big guns
Key Insights Significantly high institutional ownership implies Ares Acquisition Corporation II's stock price is...
Motley FoolWhy X-Energy Partner Ares Acquisition Stock Popped 9% Today
Nearly one year ago, privately held experimental small modular nuclear reactor (SMR) company X-Energy announced plans to reverse-merge itself into special purpose acquisition company (SPAC) Ares Acquisition Corporation (NYSE: AAC) in a $2 billion transaction targeting a nuclear power market that could be worth $1 trillion by 2050. On Tuesday, X-Energy and Ares Acquisition announced they have mutually agreed to terminate their business combination -- and as of 10:15 a.m. ET, Ares stock is up 9.2% on the news. Despite X-Energy saying it has "received strong interest from potential investors," the two companies were convinced by "challenging market conditions [and] peer-company trading performance" that now is not a propitious time to bring a nuclear power company public.
- Simply Wall St.
While institutions own 39% of Ares Acquisition Corporation II (NYSE:AACT), individual investors are its largest shareholders with 41% ownership
Key Insights Significant control over Ares Acquisition Corporation II by individual investors implies that the general...
