Shares of GigCapital4, Inc. (NYSEMKT:GIG - Get Free Report) crossed 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.
GigCapital4 Stock Up 0.3 %
The stock has a 50 day simple moving average of $10.08.
Institutional Trading of GigCapital4
A hedge fund recently bought a new stake in GigCapital4 stock. Glazer Capital LLC bought a new position in shares of GigCapital4, Inc. (NYSEMKT:GIG - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 240,272 shares of the technology company's stock, valued at approximately $2,386,000. Glazer Capital LLC owned about 0.72% of GigCapital4 at the end of the most recent quarter.
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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