Cantor Equity Partners (NASDAQ:CEP) Shares Gap Up – What’s Next?

Shares of Cantor Equity Partners, Inc. (NASDAQ:CEP) gapped up before the market opened on Monday . The stock had previously closed at $36.00, but opened at $38.20. Cantor Equity Partners shares last traded at $41.26, with a volume of 519,832 shares traded.

Cantor Equity Partners Trading Up 7.0%

The firm’s fifty day moving average price is $35.48 and its 200-day moving average price is $20.56.

Institutional Trading of Cantor Equity Partners

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in Cantor Equity Partners in the fourth quarter worth $3,120,000. JPMorgan Chase & Co. acquired a new stake in shares of Cantor Equity Partners in the 4th quarter valued at $1,032,000. Rangeley Capital LLC acquired a new position in shares of Cantor Equity Partners during the fourth quarter valued at $275,000. Harraden Circle Investments LLC acquired a new position in shares of Cantor Equity Partners during the fourth quarter valued at $10,390,000. Finally, Bulldog Investors LLP raised its stake in shares of Cantor Equity Partners by 186.9% during the fourth quarter. Bulldog Investors LLP now owns 387,382 shares of the company’s stock worth $4,009,000 after buying an additional 252,357 shares during the last quarter.

Cantor Equity Partners Company Profile

Cantor Equity Partners, Inc is a blank check company, which engages in the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on November 11, 2020 and is headquartered in New York, NY.