Cantor Equity Partners II Inc. (NASDAQ:CEPT - Get Free Report)'s share price shot up 0.1% on Thursday . The stock traded as high as $10.63 and last traded at $10.52. 361,032 shares changed hands during mid-day trading, an increase of 167% from the average session volume of 135,082 shares. The stock had previously closed at $10.51.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen cut shares of Cantor Equity Partners II from a "hold" rating to a "sell" rating in a research note on Saturday, June 14th.
Check Out Our Latest Stock Analysis on CEPT
Cantor Equity Partners II Trading Up 0.1%
The company has a 50-day moving average of $10.94.
Hedge Funds Weigh In On Cantor Equity Partners II
A number of hedge funds have recently made changes to their positions in the stock. Patriot Financial Group Insurance Agency LLC purchased a new position in Cantor Equity Partners II in the 2nd quarter valued at approximately $290,000. Tuttle Capital Management LLC purchased a new position in Cantor Equity Partners II in the 2nd quarter valued at approximately $496,000. Cannon Global Investment Management LLC purchased a new position in Cantor Equity Partners II in the 2nd quarter valued at approximately $247,000. FNY Investment Advisers LLC purchased a new position in Cantor Equity Partners II in the 2nd quarter valued at approximately $101,000. Finally, Wolverine Asset Management LLC purchased a new position in Cantor Equity Partners II in the 2nd quarter valued at approximately $1,198,000.
About Cantor Equity Partners II
(
Get Free Report)
Cantor Equity Partners II, Inc is a blank check company. The company was founded on November 11, 2020 and is headquartered in New York, NY
Featured Stories
Before you consider Cantor Equity Partners II, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cantor Equity Partners II wasn't on the list.
While Cantor Equity Partners II currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.