Cantor Equity Partners, Inc. (NASDAQ:CEP - Get Free Report) was down 3.1% on Wednesday . The stock traded as low as $27.88 and last traded at $30.15. Approximately 731,551 shares were traded during mid-day trading, a decline of 39% from the average daily volume of 1,193,232 shares. The stock had previously closed at $31.13.
Cantor Equity Partners Stock Performance
The business has a 50 day simple moving average of $35.32 and a 200-day simple moving average of $19.03.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the stock. Rangeley Capital LLC bought a new position in shares of Cantor Equity Partners during the fourth quarter valued at about $275,000. K2 Principal Fund L.P. purchased a new stake in Cantor Equity Partners in the 1st quarter valued at about $843,000. JPMorgan Chase & Co. bought a new position in shares of Cantor Equity Partners during the 4th quarter worth approximately $1,032,000. D. E. Shaw & Co. Inc. boosted its stake in shares of Cantor Equity Partners by 119.6% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 183,593 shares of the company's stock worth $1,895,000 after buying an additional 100,000 shares during the last quarter. Finally, Toronto Dominion Bank purchased a new position in shares of Cantor Equity Partners in the 4th quarter worth approximately $2,742,000.
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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