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FAST Acquisition Corp. II (NYSE:FZT) Trading 0.1% Higher

Defense World ·  Jan 18, 2023 01:51

Shares of FAST Acquisition Corp. II (NYSE:FZT – Get Rating) traded up 0.1% during trading on Tuesday . The stock traded as high as $10.09 and last traded at $10.08. 81,708 shares changed hands during trading, an increase of 114% from the average session volume of 38,131 shares. The stock had previously closed at $10.07.

FAST Acquisition Corp. II Price Performance

The firm's 50-day moving average is $9.96 and its 200-day moving average is $9.87.

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Institutional Trading of FAST Acquisition Corp. II

Several hedge funds have recently bought and sold shares of the business. Exos TFP Holdings LLC bought a new stake in shares of FAST Acquisition Corp. II during the 3rd quarter worth $47,000. Sanders Morris Harris LLC purchased a new position in shares of FAST Acquisition Corp. II during the third quarter worth about $98,000. Mangrove Partners purchased a new position in shares of FAST Acquisition Corp. II during the third quarter worth about $175,000. OTA Financial Group L.P. purchased a new position in shares of FAST Acquisition Corp. II during the third quarter worth about $373,000. Finally, Landscape Capital Management L.L.C. bought a new stake in FAST Acquisition Corp. II in the 3rd quarter worth approximately $440,000. Institutional investors and hedge funds own 71.68% of the company's stock.

About FAST Acquisition Corp. II

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FAST Acquisition Corp. II focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. In addition, It intends to focus on the restaurant, hospitality, and related sectors in North America. The company was incorporated in 2020 and is based in Ridgefield, Connecticut.

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