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Virgin Group Acquisition Corp. II (NYSE:VGII) Shares Down 2.9% - Should You Sell?

Virgin Group Acquisition Corp. II logo with Consumer Staples background

Key Points

  • Virgin Group Acquisition Corp. II shares fell by 2.9% to $1.35 on Tuesday, with a low of $1.33 during trading hours.
  • The stock experienced a trading volume decline of 21% from its average daily volume, with approximately 111,757 shares exchanged.
  • Founded in 2021, the company focuses on mergers and acquisitions, but currently lacks significant operational activities.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of Virgin Group Acquisition Corp. II (NYSE:VGII - Get Free Report) traded down 2.9% on Tuesday . The stock traded as low as $1.33 and last traded at $1.35. 111,757 shares traded hands during mid-day trading, a decline of 21% from the average session volume of 141,126 shares. The stock had previously closed at $1.39.

Virgin Group Acquisition Corp. II Price Performance

The business has a 50 day simple moving average of $1.31 and a 200-day simple moving average of $1.36.

Virgin Group Acquisition Corp. II Company Profile

(Get Free Report)

Virgin Group Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. Virgin Group Acquisition Corp. II was incorporated in 2021 and is based in New York, New York.

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