Shares of GigCapital4, Inc. (NYSEMKT:GIG – Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $9.98 and traded as high as $10.01. GigCapital4 shares last traded at $10.01, with a volume of 306 shares trading hands.
GigCapital4 Stock Up 0.1 %
The firm’s 50 day moving average price is $9.98.
Institutional Investors Weigh In On GigCapital4
Hedge funds have recently bought and sold shares of the business. ATW Spac Management LLC acquired a new stake in GigCapital4 during the 3rd quarter valued at approximately $1,102,000. Glazer Capital LLC acquired a new position in shares of GigCapital4 in the 3rd quarter worth approximately $2,386,000. Finally, Berkley W R Corp bought a new stake in shares of GigCapital4 in the 3rd quarter valued at approximately $2,701,000.
About GigCapital4
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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