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TKB Critical Technologies 1 (NASDAQ:USCTU) Shares Up 0.8%

Defense World ·  Aug 30, 2022 02:21

TKB Critical Technologies 1 (NASDAQ:USCTU – Get Rating)'s stock price shot up 0.8% during mid-day trading on Monday . The stock traded as high as $10.18 and last traded at $10.18. 320 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 18,754 shares. The stock had previously closed at $10.10.

TKB Critical Technologies 1 Stock Up 0.8 %

The company has a 50 day moving average price of $10.08 and a 200-day moving average price of $10.09.

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Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Waratah Capital Advisors Ltd. bought a new position in shares of TKB Critical Technologies 1 in the fourth quarter worth $99,000. Ghisallo Capital Management LLC bought a new position in shares of TKB Critical Technologies 1 in the fourth quarter worth $249,000. Union Square Park Capital Management LLC bought a new position in TKB Critical Technologies 1 during the fourth quarter valued at about $242,000. Centiva Capital LP bought a new position in TKB Critical Technologies 1 during the fourth quarter valued at about $253,000. Finally, CSS LLC IL bought a new position in TKB Critical Technologies 1 during the fourth quarter valued at about $435,000.

About TKB Critical Technologies 1

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TKB Critical Technologies 1 does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company focuses on businesses in the advanced manufacturing, artificial intelligence, automation, data security, energy storage and power management, financial technology, industrial software, Internet of Things, microelectronics, robotics, and wireless communications equipment sectors.

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