GigCapital4 (NYSEMKT:GIG) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

GigCapital4, Inc. (NYSEMKT:GIGGet 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 changing hands.

GigCapital4 Stock Up 0.2 %

The business has a 50 day simple moving average of $9.99.

Institutional Trading of GigCapital4

Institutional investors and hedge funds have recently bought and sold shares of the business. Berkley W R Corp purchased a new position in shares of GigCapital4 in the third quarter valued at approximately $2,701,000. Glazer Capital LLC purchased a new stake in GigCapital4 during the 3rd quarter worth approximately $2,386,000. Finally, ATW Spac Management LLC acquired a new stake in GigCapital4 during the 3rd quarter worth approximately $1,102,000.

GigCapital4 Company Profile

(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.

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