Pono Capital Two, Inc. (NASDAQ:PTWO – Get Free Report)’s stock price shot up 1% during mid-day trading on Thursday . The company traded as high as $11.46 and last traded at $11.00. 12,700 shares were traded during trading, a decline of 53% from the average session volume of 27,253 shares. The stock had previously closed at $10.89.
Pono Capital Two Trading Up 1.0 %
The business has a 50-day moving average of $11.60 and a 200-day moving average of $12.63.
Insider Buying and Selling
In other news, major shareholder Co. Ltd. Zuu acquired 8,399 shares of Pono Capital Two stock in a transaction on Thursday, August 22nd. The stock was bought at an average price of $10.51 per share, for a total transaction of $88,273.49. Following the completion of the purchase, the insider now owns 1,423,718 shares in the company, valued at $14,963,276.18. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders acquired a total of 33,668 shares of company stock worth $416,764 over the last 90 days. 63.90% of the stock is owned by insiders.
Institutional Inflows and Outflows
Pono Capital Two Company Profile
Pono Capital Two, Inc does not have any significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Pono Capital Two, Inc was incorporated in 2022 and is based in Honolulu, Hawaii.
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