Cantor Equity Partners II's (CEPT) Sell (E-) Rating Reiterated at Weiss Ratings

Key Points

• Cantor Equity Partners II has had its "sell (e-)" rating reaffirmed by Weiss Ratings, maintaining a negative outlook on the stock.
• Shares of Cantor Equity Partners II experienced a minor increase of 0.9%, trading at $10.84 with a 52-week range between $10.32 and $12.49.
• Several hedge funds have recently invested in Cantor Equity Partners II, with new positions collectively valued at approximately $1.1 million.

Cantor Equity Partners II (NASDAQ:CEPT - Get Free Report)'s stock had its "sell (e-)" rating reaffirmed by Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen cut Cantor Equity Partners II from a "hold" rating to a "sell" rating in a research note on Saturday, June 14th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Cantor Equity Partners II presently has an average rating of "Sell".

Cantor Equity Partners II Trading Up 0.9%

Shares of NASDAQ CEPT traded up $0.10 during trading hours on Wednesday, reaching $10.84. 26,968 shares of the stock traded hands, compared to its average volume of 212,392. The business's 50-day moving average is $10.60. Cantor Equity Partners II has a 52-week low of $10.32 and a 52-week high of $12.49.

Hedge Funds Weigh In On Cantor Equity Partners II

Several hedge funds have recently made changes to their positions in CEPT. FNY Investment Advisers LLC purchased a new position in shares of Cantor Equity Partners II during the second quarter valued at approximately $101,000. Clear Street LLC purchased a new position in shares of Cantor Equity Partners II during the second quarter valued at approximately $119,000. Hunting Hill Global Capital LLC purchased a new position in shares of Cantor Equity Partners II during the second quarter valued at approximately $183,000. Gabelli Funds LLC purchased a new position in shares of Cantor Equity Partners II during the second quarter valued at approximately $238,000. Finally, Cannon Global Investment Management LLC purchased a new position in shares of Cantor Equity Partners II during the second quarter valued at approximately $247,000.

About Cantor Equity Partners II

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

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