Cantor Equity Partners, Inc. Class A Ordinary Shares (NASDAQ:CEP - Get Free Report)'s share price dropped 3.6% during trading on Wednesday . The company traded as low as $45.26 and last traded at $45.25. Approximately 152,214 shares changed hands during trading, a decline of 88% from the average daily volume of 1,228,511 shares. The stock had previously closed at $46.96.
Cantor Equity Partners, Inc. Class A Ordinary Shares Stock Performance
The stock has a 50-day moving average price of $28.42 and a 200 day moving average price of $16.65.
Hedge Funds Weigh In On Cantor Equity Partners, Inc. Class A Ordinary Shares
A number of institutional investors and hedge funds have recently added to or reduced their stakes in CEP. Wealthspring Capital LLC boosted its holdings in Cantor Equity Partners, Inc. Class A Ordinary Shares by 6.1% in the fourth quarter. Wealthspring Capital LLC now owns 22,408 shares of the company's stock valued at $232,000 after purchasing an additional 1,298 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in Cantor Equity Partners, Inc. Class A Ordinary Shares in the fourth quarter valued at approximately $3,120,000. JPMorgan Chase & Co. acquired a new position in Cantor Equity Partners, Inc. Class A Ordinary Shares in the fourth quarter valued at approximately $1,032,000. Rangeley Capital LLC acquired a new position in Cantor Equity Partners, Inc. Class A Ordinary Shares in the fourth quarter valued at approximately $275,000. Finally, Harraden Circle Investments LLC acquired a new position in Cantor Equity Partners, Inc. Class A Ordinary Shares in the fourth quarter valued at approximately $10,390,000.
About Cantor Equity Partners, Inc. Class A Ordinary Shares
(
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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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