Shares of GigCapital4, Inc. (NYSEMKT:GIG - Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $9.93 and traded as high as $9.95. GigCapital4 shares last traded at $9.94, with a volume of 153,775 shares traded.
GigCapital4 Price Performance
The company's 50 day simple moving average is $9.93.
Hedge Funds Weigh In On GigCapital4
A number of hedge funds have recently bought and sold shares of GIG. ATW Spac Management LLC acquired a new position in GigCapital4 in the third quarter valued at approximately $1,102,000. Glazer Capital LLC acquired a new position in shares of GigCapital4 in the 3rd quarter valued at $2,386,000. Finally, Berkley W R Corp acquired a new stake in shares of GigCapital4 during the 3rd quarter worth about $2,701,000.
About GigCapital4
(
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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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