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.
GigCapital4 Stock Performance
The company’s fifty day simple moving average is $9.98.
Institutional Trading of GigCapital4
A number of institutional investors have recently modified their holdings of the company. ATW Spac Management LLC purchased a new stake in GigCapital4 in the third quarter worth about $1,102,000. Glazer Capital LLC bought a new position in shares of GigCapital4 in the third quarter worth approximately $2,386,000. Finally, Berkley W R Corp purchased a new stake in GigCapital4 during the 3rd quarter valued at $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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