Cantor Equity Partners (NASDAQ:CEP) Announces Quarterly Earnings Results

Key Points

• Cantor Equity Partners reported quarterly earnings of $0.04 per share, marking its financial performance for the period.
• Shares of CEP stock rose by 1.8%, closing at $29.58, with a trading volume significantly below its average.
• Cetera Investment Advisers recently acquired a new stake in Cantor Equity Partners, purchasing over 10,500 shares worth approximately $292,000.

Cantor Equity Partners (NASDAQ:CEP - ) posted its quarterly earnings results on Wednesday. The company reported $0.04 earnings per share for the quarter, Zacks reports.

Cantor Equity Partners Stock Up 1.8%

Shares of CEP stock traded up $0.51 during trading on Wednesday, reaching $29.58. 308,531 shares of the company's stock were exchanged, compared to its average volume of 1,742,916. Cantor Equity Partners has a twelve month low of $9.99 and a twelve month high of $59.75. The firm's fifty day moving average price is $31.74 and its 200-day moving average price is $23.42.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Cantor Equity Partners stock. Cetera Investment Advisers bought a new position in Cantor Equity Partners, Inc. (NASDAQ:CEP - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 10,525 shares of the company's stock, valued at approximately $292,000. Cetera Investment Advisers owned about 0.08% of Cantor Equity Partners as of its most recent SEC filing.

About Cantor Equity Partners

Cantor Equity Partners, Inc is a blank check company, which engages in 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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