Virgin Group Acquisition Corp. II (NYSE:VGII – Get Free Report)’s stock price shot up 0.9% during mid-day trading on Friday . The company traded as high as $1.12 and last traded at $1.12. Approximately 19,261 shares were traded during trading, a decline of 86% from the average daily volume of 141,126 shares. The stock had previously closed at $1.11.
Virgin Group Acquisition Corp. II Stock Up 0.9%
The stock has a 50 day simple moving average of $1.16 and a two-hundred day simple moving average of $1.27.
Virgin Group Acquisition Corp. II Company Profile
Virgin Group Acquisition Corp. II is a publicly traded special purpose acquisition company (SPAC) sponsored by the Virgin Group and its affiliates. Incorporated in Delaware, the company launched its initial public offering in 2021 and is listed on the New York Stock Exchange under the ticker VGII. As a blank‐check vehicle, its primary objective is to identify and merge with a privately held business, thereby taking that company public through a deSPAC transaction.
The company targets businesses operating in the digital economy, consumer, media, entertainment and technology sectors.
See Also
- Five stocks we like better than Virgin Group Acquisition Corp. II
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
- Solventum Nears Inflection Point As It Begins to Unlock Value
Receive News & Ratings for Virgin Group Acquisition Corp. II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virgin Group Acquisition Corp. II and related companies with MarketBeat.com's FREE daily email newsletter.
