LiveWire Group (NYSE:LVWR) Shares Gap Up to $6.84

Shares of LiveWire Group, Inc. (NYSE:LVWR – Get Rating) gapped up prior to trading on Friday . The stock had previously closed at $6.84, but opened at $7.25. LiveWire Group shares last traded at $7.25, with a volume of 159 shares trading hands.

Wall Street Analyst Weigh In

Separately, Citigroup dropped their price objective on shares of LiveWire Group from $8.70 to $7.50 and set a “neutral” rating for the company in a report on Tuesday, February 7th.

LiveWire Group Stock Performance

The business has a fifty day moving average of $6.57.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in LiveWire Group stock. Flow State Investments L.P. purchased a new position in shares of LiveWire Group, Inc. (NYSE:LVWR – Get Rating) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 34,833 shares of the company’s stock, valued at approximately $169,000. Institutional investors and hedge funds own 0.31% of the company’s stock.

LiveWire Group Company Profile

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LiveWire Group, Inc engages in the manufacturing of electric motorcycles in North America, Europe/Middle East/Africa, and Asia Pacific regions. It offers its products under the LiveWire brand name. The company has strategic partnerships with Harley-Davidson, Inc and the KYMCO Group. LiveWire Group, Inc was founded in 2010 and is based in Milwaukee, Wisconsin.