GigCapital7 Corp. (NASDAQ:GIG - Get Free Report) shares shot up 0.2% on Thursday . The company traded as high as $10.41 and last traded at $10.41. 102 shares were traded during mid-day trading, a decline of 97% from the average session volume of 3,777 shares. The stock had previously closed at $10.39.
GigCapital7 Stock Performance
The company has a 50-day simple moving average of $10.38 and a 200-day simple moving average of $10.29.
GigCapital7 (NASDAQ:GIG - Get Free Report) last posted its quarterly earnings results on Friday, August 8th. The company reported $0.05 earnings per share for the quarter.
Institutional Trading of GigCapital7
Several hedge funds and other institutional investors have recently made changes to their positions in GIG. Tabor Asset Management LP purchased a new position in shares of GigCapital7 in the first quarter valued at $17,829,000. Calamos Advisors LLC acquired a new stake in GigCapital7 in the 1st quarter valued at about $9,407,000. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new position in GigCapital7 during the 2nd quarter valued at about $5,270,000. Wolverine Asset Management LLC raised its position in GigCapital7 by 86.3% during the first quarter. Wolverine Asset Management LLC now owns 563,976 shares of the company's stock worth $5,741,000 after acquiring an additional 261,316 shares during the last quarter. Finally, Wealthspring Capital LLC purchased a new stake in shares of GigCapital7 in the second quarter valued at about $832,000.
About GigCapital7
(
Get Free Report)
GigCapital7 Corp. is a blank check company or special purpose acquisition company. It was formed for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded by Avishay S.
Featured Articles
Before you consider GigCapital7, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GigCapital7 wasn't on the list.
While GigCapital7 currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
