Shares of GigCapital4, Inc. (NYSEMKT:GIG – Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $10.08 and traded as high as $10.12. GigCapital4 shares last traded at $10.15, with a volume of 0 shares changing hands.
GigCapital4 Trading Up 0.3 %
The business has a 50-day simple moving average of $10.08.
Institutional Investors Weigh In On GigCapital4
A hedge fund recently bought a new stake in GigCapital4 stock. Berkley W R Corp purchased a new position in GigCapital4, Inc. (NYSEMKT:GIG – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 271,958 shares of the technology company’s stock, valued at approximately $2,701,000. Berkley W R Corp owned about 0.82% of GigCapital4 as of its most recent SEC filing.
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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