Rezolve AI Limited (NASDAQ:RZLV – Get Free Report) dropped 7.3% on Thursday . The company traded as low as $3.70 and last traded at $3.70. Approximately 48,152 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 394,053 shares. The stock had previously closed at $3.99.
Rezolve AI Price Performance
The stock’s fifty day moving average price is $5.65.
Hedge Funds Weigh In On Rezolve AI
An institutional investor recently bought a new position in Rezolve AI stock. K2 Principal Fund L.P. purchased a new stake in shares of Rezolve AI Limited (NASDAQ:RZLV – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 131,250 shares of the company’s stock, valued at approximately $881,000. K2 Principal Fund L.P. owned approximately 0.08% of Rezolve AI at the end of the most recent reporting period. Institutional investors own 27.96% of the company’s stock.
About Rezolve AI
Rezolve Limited develops and offers a retail and engagement technology solution that acts as an instant transaction tool for mobile devices. Its tool allows users to discover and purchase goods and services, provide personal details in response to advertising, pay a bill, make a charitable donation, and more through a mobile device.
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