Shares of Bally's Corp. (BALY) gained over 22% on Monday morning after Trexquant Investment announced an investment in the company.
BALY is currently trading at $12.97, up $2.35 or 22.15%, on the Nasdaq. The stock opened its trading at $11.13 after closing Friday at $10.62. The stock has traded between $7.28 and $19.78 in the past 52-week period.
Trexquant Investment LP purchased a new position in Bally's Co. during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The fund purchased 27,320 shares of the company's stock, valued at approximately $358,000. Trexquant Investment LP owned about 0.06% of Bally's as of its most recent filing with the Securities and Exchange Commission.
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