Corner Growth Acquisition (NASDAQ:COOL) Stock Price Passes Above 200 Day Moving Average of $10.93

Corner Growth Acquisition Corp. (NASDAQ:COOL)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $10.93 and traded as high as $11.49. Corner Growth Acquisition shares last traded at $11.40, with a volume of 2,279 shares traded.

Corner Growth Acquisition Trading Down 0.9 %

The firm’s 50-day moving average is $11.16 and its two-hundred day moving average is $10.93.

Institutional Trading of Corner Growth Acquisition

A hedge fund recently bought a new stake in Corner Growth Acquisition stock. Cowen AND Company LLC bought a new position in shares of Corner Growth Acquisition Corp. (NASDAQ:COOL) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 22,498 shares of the company’s stock, valued at approximately $240,000. Cowen AND Company LLC owned 0.22% of Corner Growth Acquisition as of its most recent SEC filing. 1.62% of the stock is currently owned by hedge funds and other institutional investors.

Corner Growth Acquisition Company Profile

Corner Growth Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Palo Alto, California.