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Cantor Equity Partners (NASDAQ:CEP) Shares Gap Up - Here's What Happened

Cantor Equity Partners logo with Financial Services background

Cantor Equity Partners, Inc. (NASDAQ:CEP - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $36.00, but opened at $38.20. Cantor Equity Partners shares last traded at $41.26, with a volume of 519,832 shares changing hands.

Cantor Equity Partners Stock Performance

The business has a 50 day simple moving average of $35.72 and a 200-day simple moving average of $20.94.

Institutional Investors Weigh In On Cantor Equity Partners

Large investors have recently modified their holdings of the stock. Signaturefd LLC bought a new stake in shares of Cantor Equity Partners during the 2nd quarter worth $28,000. Burkett Financial Services LLC purchased a new stake in shares of Cantor Equity Partners in the second quarter valued at $70,000. Rangeley Capital LLC purchased a new stake in shares of Cantor Equity Partners in the fourth quarter valued at $275,000. K2 Principal Fund L.P. purchased a new stake in shares of Cantor Equity Partners in the first quarter valued at $843,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of Cantor Equity Partners in the fourth quarter valued at $1,032,000.

About Cantor Equity Partners

(Get Free Report)

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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