GigCapital4, Inc. (NYSEMKT:GIG – Get Free Report)’s stock price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $10.07 and traded as low as $10.05. GigCapital4 shares last traded at $10.15, with a volume of 0 shares trading hands.
GigCapital4 Stock Up 0.1 %
The company’s 50-day simple moving average is $10.07.
Institutional Investors Weigh In On GigCapital4
Large investors have recently added to or reduced their stakes in the company. Berkley W R Corp bought a new position in GigCapital4 in the 3rd quarter worth about $2,701,000. Glazer Capital LLC bought a new stake in shares of GigCapital4 during the 3rd quarter valued at about $2,386,000. Finally, ATW Spac Management LLC bought a new stake in shares of GigCapital4 during the 3rd quarter valued at about $1,102,000.
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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