GigCapital4, Inc. (NYSEMKT:GIG – Get Free Report) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $9.99 and traded as high as $10.05. GigCapital4 shares last traded at $10.05, with a volume of 239 shares trading hands.
GigCapital4 Stock Up 0.2 %
The business’s 50-day moving average price is $9.99.
Institutional Investors Weigh In On GigCapital4
A number of institutional investors have recently made changes to their positions in the business. Berkley W R Corp bought a new stake in GigCapital4 in the third quarter valued at approximately $2,701,000. Glazer Capital LLC purchased a new position in shares of GigCapital4 in the third quarter worth $2,386,000. Finally, ATW Spac Management LLC bought a new stake in GigCapital4 during the 3rd quarter valued at $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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