Edify Acquisition Ownership

The market capitalization of Edify Acquisition Corp is $332.58 Million. Roughly 99.79 percent of Edify Acquisition outstanding shares are held by general public with 0.21 % by other corporate entities. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point. Some institutional investors establish a significant position in stocks such as Edify Acquisition in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Edify Acquisition, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.