Cantor Equity Partners' (CEPO) Sell (D-) Rating Reaffirmed at Weiss Ratings

Key Points

• Cantor Equity Partners has had its "sell (D-)" rating reaffirmed by Weiss Ratings, indicating ongoing concerns regarding the company's performance.
• The company's stock is currently trading at approximately $10.53, with significant fluctuations over the past year, including a low of $10.04 and a high of $16.50.
• Several institutional investors have recently acquired stakes in Cantor Equity Partners, suggesting increased interest or potential confidence from large investment firms.

Cantor Equity Partners (NASDAQ:CEPO - Get Free Report)'s stock had its "sell (d-)" rating reissued by stock analysts at Weiss Ratings in a report released on Tuesday,Weiss Ratings reports.

Cantor Equity Partners Stock Performance

Shares of NASDAQ:CEPO traded up $0.01 during midday trading on Tuesday, hitting $10.53. The company's stock had a trading volume of 195,597 shares, compared to its average volume of 379,030. The business's 50 day simple moving average is $10.50 and its 200 day simple moving average is $11.28. Cantor Equity Partners has a 12-month low of $10.04 and a 12-month high of $16.50.

Institutional Investors Weigh In On Cantor Equity Partners

Several hedge funds and other institutional investors have recently bought and sold shares of CEPO. Wealthspring Capital LLC acquired a new stake in Cantor Equity Partners during the first quarter worth about $428,000. Tabor Asset Management LP acquired a new stake in Cantor Equity Partners during the first quarter worth about $1,537,000. Context Capital Management LLC acquired a new stake in Cantor Equity Partners during the first quarter worth about $3,074,000. Graham Capital Wealth Management LLC acquired a new stake in Cantor Equity Partners during the first quarter worth about $418,000. Finally, Picton Mahoney Asset Management acquired a new stake in Cantor Equity Partners during the first quarter worth about $2,562,000.

Cantor Equity Partners Company Profile

Cantor Equity Partners I, Inc is a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on November 11, 2020 and is headquartered in New York, NY.

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