LiveWire Group (NYSE:LVWR) Trading Down 6%

LiveWire Group, Inc. (NYSE:LVWRGet Free Report) shares were down 6% on Thursday . The stock traded as low as $10.05 and last traded at $10.05. Approximately 793 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 28,885 shares. The stock had previously closed at $10.69.

LiveWire Group Trading Down 0.9 %

The stock has a market capitalization of $2.17 billion, a price-to-earnings ratio of -20.23 and a beta of 1.06. The stock has a fifty day moving average of $11.02 and a two-hundred day moving average of $10.29.

Institutional Investors Weigh In On LiveWire Group

Several hedge funds and other institutional investors have recently made changes to their positions in LVWR. BlackRock Inc. acquired a new position in LiveWire Group during the second quarter valued at approximately $5,112,000. State Street Corp bought a new position in LiveWire Group during the second quarter worth about $1,549,000. Geode Capital Management LLC acquired a new position in LiveWire Group in the second quarter valued at about $1,254,000. Northern Trust Corp increased its holdings in shares of LiveWire Group by 426.2% in the third quarter. Northern Trust Corp now owns 72,523 shares of the company’s stock worth $503,000 after acquiring an additional 58,740 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. acquired a new stake in shares of LiveWire Group during the second quarter worth about $298,000. 0.51% of the stock is owned by institutional investors and hedge funds.

LiveWire Group Company Profile

(Get Free Report)

LiveWire Group, Inc manufactures electric motorcycles in the United States and internationally. It operates in two segments Electric Motorcycles and STACYC. The company offers electric motorcycles and parts, accessories, and apparel. It serves wholesalers, independent dealers, retailers, and through online.

Further Reading

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