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Games & Esports Experience Acquisition (NASDAQ:GEEXU) Shares Down 0.3%

Defense World ·  Jan 26, 2023 02:36

Games & Esports Experience Acquisition Corp. (NASDAQ:GEEXU – Get Rating)'s share price dropped 0.3% during mid-day trading on Wednesday . The stock traded as low as $10.24 and last traded at $10.24. Approximately 572 shares traded hands during trading, a decline of 97% from the average daily volume of 17,917 shares. The stock had previously closed at $10.27.

Games & Esports Experience Acquisition Stock Performance

The firm has a 50 day moving average price of $10.28 and a two-hundred day moving average price of $10.18.

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Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Wolverine Asset Management LLC boosted its position in shares of Games & Esports Experience Acquisition by 28,580.0% during the 2nd quarter. Wolverine Asset Management LLC now owns 4,302 shares of the company's stock valued at $43,000 after acquiring an additional 4,287 shares during the last quarter. Robinson Capital Management LLC raised its holdings in shares of Games & Esports Experience Acquisition by 75.3% during the 1st quarter. Robinson Capital Management LLC now owns 20,947 shares of the company's stock valued at $212,000 after buying an additional 9,000 shares in the last quarter. Finally, Cubist Systematic Strategies LLC raised its holdings in shares of Games & Esports Experience Acquisition by 6.2% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 69,146 shares of the company's stock valued at $691,000 after buying an additional 4,062 shares in the last quarter.

About Games & Esports Experience Acquisition

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Games & Esports Experience Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on businesses in the interactive media, ecommerce, media, content and other intellectual property, sports and entertainment, and social media industries.

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