GX Acquisition Corp. II (NASDAQ:GXIIU)’s stock price fell 0.3% during trading on Tuesday . The company traded as low as $9.96 and last traded at $9.97. 1,100 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 198,355 shares. The stock had previously closed at $10.00.
The company has a 50 day simple moving average of $9.98.
Several institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of GX Acquisition Corp. II in the 1st quarter worth about $2,420,000. Sage Mountain Advisors LLC bought a new stake in GX Acquisition Corp. II during the 1st quarter valued at about $1,574,000. Exos Asset Management LLC bought a new stake in GX Acquisition Corp. II during the 1st quarter valued at about $745,000. Mariner Investment Group LLC bought a new stake in GX Acquisition Corp. II during the 1st quarter valued at about $100,000. Finally, Landscape Capital Management L.L.C. bought a new stake in GX Acquisition Corp. II during the 1st quarter valued at about $100,000.
GX Acquisition Corp. II focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.
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