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Cantor Equity Partners, Inc. Class A Ordinary Shares (NASDAQ:CEP) Shares Gap Down - Should You Sell?

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) gapped down before the market opened on Friday . The stock had previously closed at $49.95, but opened at $45.74. Cantor Equity Partners, Inc. Class A Ordinary Shares shares last traded at $50.08, with a volume of 803,226 shares.

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

The stock has a 50 day moving average price of $21.34 and a 200 day moving average price of $14.13.

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

Several large investors have recently modified their holdings of CEP. Wealthspring Capital LLC increased its stake in shares of Cantor Equity Partners, Inc. Class A Ordinary Shares by 6.1% during the 4th quarter. Wealthspring Capital LLC now owns 22,408 shares of the company's stock worth $232,000 after purchasing an additional 1,298 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Cantor Equity Partners, Inc. Class A Ordinary Shares during the 4th quarter worth $3,120,000. JPMorgan Chase & Co. bought a new position in shares of Cantor Equity Partners, Inc. Class A Ordinary Shares during the 4th quarter worth $1,032,000. Rangeley Capital LLC bought a new position in shares of Cantor Equity Partners, Inc. Class A Ordinary Shares during the 4th quarter worth $275,000. Finally, Harraden Circle Investments LLC bought a new position in shares of Cantor Equity Partners, Inc. Class A Ordinary Shares during the 4th quarter worth $10,390,000.

About Cantor Equity Partners, Inc. Class A Ordinary Shares

(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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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