Rezolve AI (NASDAQ:RZLV) Stock Price Down 7.3% – Here’s Why

Rezolve AI Limited (NASDAQ:RZLVGet Free Report) fell 7.3% on Thursday . The company traded as low as $3.70 and last traded at $3.70. 48,152 shares traded hands during trading, a decline of 88% from the average session volume of 394,053 shares. The stock had previously closed at $3.99.

Rezolve AI Price Performance

The stock has a 50-day moving average of $5.65.

Institutional Investors Weigh In On Rezolve AI

A hedge fund recently bought a new stake in Rezolve AI stock. K2 Principal Fund L.P. bought a new position in Rezolve AI Limited (NASDAQ:RZLVFree Report) during the third quarter, according to the company in its most recent filing with the SEC. The firm bought 131,250 shares of the company’s stock, valued at approximately $881,000. K2 Principal Fund L.P. owned 0.08% of Rezolve AI as of its most recent SEC filing. 27.96% of the stock is currently owned by institutional investors and hedge funds.

Rezolve AI Company Profile

(Get Free Report)

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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