GigCapital4, Inc. (NYSEMKT:GIG – Get Free Report) 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 changing hands.
GigCapital4 Price Performance
The company’s fifty day moving average is $9.98.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GIG. ATW Spac Management LLC acquired a new position in GigCapital4 during the 3rd quarter worth $1,102,000. Glazer Capital LLC acquired a new position in GigCapital4 during the 3rd quarter worth $2,386,000. Finally, Berkley W R Corp acquired a new position in GigCapital4 during the 3rd quarter worth $2,701,000.
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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