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GigCapital4 (NYSEMKT:GIG) Share Price Crosses Below Fifty Day Moving Average - Should You Sell?

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GigCapital4, Inc. (NYSEMKT:GIG - Get Free Report) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $10.05 and traded as low as $10.05. GigCapital4 shares last traded at $10.12, with a volume of 0 shares.

GigCapital4 Trading Up 0.9 %

The stock's 50 day moving average is $10.06.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Berkley W R Corp acquired a new position in GigCapital4 during the third quarter worth $2,701,000. Glazer Capital LLC acquired a new position in GigCapital4 during the third quarter worth $2,386,000. Finally, ATW Spac Management LLC acquired a new position in GigCapital4 during the third quarter worth $1,102,000.

About GigCapital4

(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.

Further Reading

Should You Invest $1,000 in GigCapital4 Right Now?

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