GigCapital4, Inc. (NYSEMKT:GIG – Get Free Report)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $10.08 and traded as high as $10.12. GigCapital4 shares last traded at $10.15, with a volume of 0 shares changing hands.
GigCapital4 Stock Up 0.3 %
The firm has a fifty day simple moving average of $10.08.
Institutional Investors Weigh In On GigCapital4
An institutional investor recently bought a new position in GigCapital4 stock. Glazer Capital LLC purchased a new position in GigCapital4, Inc. (NYSEMKT:GIG – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 240,272 shares of the technology company’s stock, valued at approximately $2,386,000. Glazer Capital LLC owned about 0.72% of GigCapital4 at the end of the most recent reporting period.
About GigCapital4
GigCapital4, Inc does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses or assets. The company was incorporated in 2020 and is headquartered in Palo Alto, California.
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