GigCapital4, Inc. (NYSEMKT:GIG – Get Free Report) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-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 Price Performance
The stock’s 50 day moving average is $9.98.
Institutional Trading of GigCapital4
Institutional investors have recently added to or reduced their stakes in the stock. Berkley W R Corp bought a new position in GigCapital4 during the third quarter worth $2,701,000. Glazer Capital LLC bought a new position in shares of GigCapital4 in the 3rd quarter worth about $2,386,000. Finally, ATW Spac Management LLC acquired a new position in shares of GigCapital4 in the 3rd quarter valued at 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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