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Cantor Equity Partners, Inc. Class A Ordinary Shares (NASDAQ:CEP) Sees Strong Trading Volume - What's Next?

Cantor Equity Partners, Inc. Class A Ordinary Shares logo with Financial Services background

Cantor Equity Partners, Inc. Class A Ordinary Shares (NASDAQ:CEP - Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 893,013 shares traded hands during mid-day trading, a decline of 25% from the previous session's volume of 1,195,116 shares.The stock last traded at $47.91 and had previously closed at $47.58.

Cantor Equity Partners, Inc. Class A Ordinary Shares Price Performance

The business's 50 day moving average price is $22.06 and its 200-day moving average price is $14.44.

Institutional Investors Weigh In On Cantor Equity Partners, Inc. Class A Ordinary Shares

A number of institutional investors have recently modified their holdings of the stock. Harraden Circle Investments LLC acquired a new stake in shares of Cantor Equity Partners, Inc. Class A Ordinary Shares in the 4th quarter valued at about $10,390,000. Bulldog Investors LLP raised its stake in Cantor Equity Partners, Inc. Class A Ordinary Shares by 186.9% during the fourth quarter. Bulldog Investors LLP now owns 387,382 shares of the company's stock worth $4,009,000 after acquiring an additional 252,357 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in Cantor Equity Partners, Inc. Class A Ordinary Shares during the fourth quarter worth about $3,120,000. Toronto Dominion Bank acquired a new stake in Cantor Equity Partners, Inc. Class A Ordinary Shares during the fourth quarter worth about $2,742,000. Finally, D. E. Shaw & Co. Inc. raised its stake in Cantor Equity Partners, Inc. Class A Ordinary Shares by 119.6% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 183,593 shares of the company's stock worth $1,895,000 after acquiring an additional 100,000 shares during the period.

Cantor Equity Partners, Inc. Class A Ordinary Shares Company Profile

(Get Free Report)

Cantor Equity Partners, Inc operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock 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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