What drove the BOWX stock jump on 23 Feb 2026?

The uptick was driven by heavy volume, short-covering and SPAC liquidity flows. No earnings were posted. Market interest focused on cash-per-share support and deal speculation, lifting BOWX above **$10.00**

What are key valuation metrics for BOWX stock?

Important metrics are **cash per share $8.02**, **book value $7.74**, and **price to book 1.34**. Traditional PE valuation is not meaningful for this SPAC shell vehicle.

What targets and risk levels should traders use for BOWX stock?

Short-term target **$11.50** with a stop near **$9.00** fits an oversold-bounce play. Meyka AI’s 12‑month model projects **$8.30**, which highlights downside risk if no deal materializes.

How does Meyka AI grade BOWX stock?

Meyka AI rates BOWX with a **score 63.68 out of 100**, grade **B**, suggestion **HOLD**. The grade weighs benchmark, sector, financials, forecasts and analyst inputs.

US Stocks

BOWX BowX Acquisition NASDAQ +10.78% 23 Feb 2026: Oversold bounce entry

ByHuzaifa Zahoor February 24, 2026

BOWX stock rallied 10.78% to $10.38 at market close on 23 Feb 2026 on heavy volume. We saw 3,408,386.00 shares trade, about 3.77 times average. The move looks like an oversold bounce in a SPAC vehicle listed on NASDAQ in the United States. In this note we measure the catalyst mix, show the balance sheet metrics, and set tactical price targets and risk points for traders and short-term investors.