GCM Grosvenor (NASDAQ:GCMGW) Shares Up 15.9% – Here’s Why

Shares of GCM Grosvenor Inc. (NASDAQ:GCMGWGet Free Report) shot up 15.9% during mid-day trading on Friday . The company traded as high as $0.63 and last traded at $0.51. 504,003 shares traded hands during trading, an increase of 1,326% from the average session volume of 35,345 shares. The stock had previously closed at $0.44.

GCM Grosvenor Stock Performance

The business has a fifty day simple moving average of $1.17 and a 200 day simple moving average of $1.16.

About GCM Grosvenor

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GCM Grosvenor Inc is global alternative asset management solutions provider. The firm primarily provides its services to pooled investment vehicles. It also provides its services to investment companies, high net worth individuals, pension and profit sharing plans and state or municipal government entities.

Further Reading

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