Virgin Group Acquisition Corp. II (NYSE:VGII) Shares Up 2% - Should You Buy?

Key Points

• Virgin Group Acquisition Corp. II (NYSE:VGII) saw a 2% increase in its share price, trading at $1.55 during mid-day trading.
• The company’s trading volume was down by 59% compared to its average daily volume, with approximately 57,676 shares traded.
• Virgin Group Acquisition Corp. II focuses on mergers and acquisitions and does not have significant operational activities as it was incorporated in 2021.

Virgin Group Acquisition Corp. II (NYSE:VGII - Get Free Report)'s stock price traded up 2% during trading on Thursday . The company traded as high as $1.55 and last traded at $1.55. 57,676 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 141,126 shares. The stock had previously closed at $1.52.

Virgin Group Acquisition Corp. II Stock Down 0.6%

The company has a fifty day moving average of $1.42 and a 200-day moving average of $1.35.

Virgin Group Acquisition Corp. II Company Profile

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.