GigCapital4, Inc. (NYSEMKT:GIG - Get Free Report) 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 Performance
The business has a 50-day moving average price of $9.99.
Institutional Investors Weigh In On GigCapital4
Institutional investors and hedge funds have recently made changes to their positions in the company. Berkley W R Corp acquired a new stake in shares of GigCapital4 during the 3rd quarter worth about $2,701,000. Glazer Capital LLC bought a new stake in GigCapital4 during the third quarter worth about $2,386,000. Finally, ATW Spac Management LLC acquired a new stake in shares of GigCapital4 during the third quarter worth approximately $1,102,000.
GigCapital4 Company Profile
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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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