GigCapital4, Inc. (NYSEMKT:GIG – Get Free Report) shares 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 Up 0.2 %
The company has a 50 day simple moving average of $9.99.
Institutional Investors Weigh In On GigCapital4
Several institutional investors have recently made changes to their positions in the stock. Berkley W R Corp purchased a new stake in GigCapital4 during the 3rd quarter worth about $2,701,000. Glazer Capital LLC bought a new stake in shares of GigCapital4 during the third quarter valued at about $2,386,000. Finally, ATW Spac Management LLC purchased a new stake in shares of GigCapital4 in the third quarter worth about $1,102,000.
GigCapital4 Company Profile
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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