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GigCapital4 (NYSEMKT:GIG) Share Price Crosses Below 50 Day Moving Average - Here's What Happened

GigCapital4 logo with Financial Services background

Key Points

  • GigCapital4, Inc. shares fell below their 50-day moving average of $10.39, trading as low as $10.38 during Friday's trading session.
  • The company's current share price is $10.43, with zero shares traded reported at that time.
  • Founded in 2020, GigCapital4 does not have significant operations and plans to pursue a business combination via methods such as mergers or acquisitions.
  • Five stocks we like better than GigCapital4.

Shares of GigCapital4, Inc. (NYSEMKT:GIG - Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $10.39 and traded as low as $10.38. GigCapital4 shares last traded at $10.43, with a volume of 0 shares.

GigCapital4 Stock Performance

The business has a 50 day moving average of $10.39 and a two-hundred day moving average of $10.30.

GigCapital4 Company Profile

(Get Free Report)

GigCapital4, Inc does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses or assets. The company was incorporated in 2020 and is headquartered in Palo Alto, California.

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