GigCapital4 (NYSEMKT:GIG) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

GigCapital4, Inc. (NYSEMKT:GIGGet Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $9.98 and traded as high as $10.01. GigCapital4 shares last traded at $10.01, with a volume of 306 shares trading hands.

GigCapital4 Trading Down 0.1 %

The company has a fifty day moving average of $9.98.

Institutional Investors Weigh In On GigCapital4

A number of institutional investors and hedge funds have recently bought and sold shares of GIG. Berkley W R Corp purchased a new stake in shares of GigCapital4 during the 3rd quarter worth approximately $2,701,000. Glazer Capital LLC purchased a new position in shares of GigCapital4 in the third quarter valued at $2,386,000. Finally, ATW Spac Management LLC bought a new stake in GigCapital4 in the third quarter worth $1,102,000.

GigCapital4 Company Profile

(Get Free Report)

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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