Gores Holdings IX, Inc. (NASDAQ:GHIX – Get Rating) shares saw unusually-high trading volume on Wednesday . Approximately 401,213 shares traded hands during trading, an increase of 143% from the previous session's volume of 165,130 shares.The stock last traded at $9.99 and had previously closed at $9.99.
Gores Holdings IX Stock Performance
The stock's fifty day moving average price is $9.88 and its 200-day moving average price is $9.76.
Get Gores Holdings IX alerts:Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Marshall Wace LLP grew its position in Gores Holdings IX by 16.0% during the third quarter. Marshall Wace LLP now owns 2,387,493 shares of the company's stock valued at $23,110,000 after purchasing an additional 330,000 shares in the last quarter. Nomura Holdings Inc. purchased a new position in Gores Holdings IX during the second quarter valued at approximately $21,685,000. BNP Paribas Arbitrage SNC purchased a new position in Gores Holdings IX during the third quarter valued at approximately $14,485,000. Prelude Capital Management LLC bought a new stake in Gores Holdings IX in the third quarter worth approximately $9,680,000. Finally, Deutsche Bank AG bought a new stake in Gores Holdings IX in the second quarter worth approximately $7,703,000. 74.67% of the stock is owned by hedge funds and other institutional investors.
About Gores Holdings IX
(Get Rating)Gores Holdings IX, Inc focuses on a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Boulder, Colorado.
Featured Articles
- Get a free copy of the StockNews.com research report on Gores Holdings IX (GHIX)
- Allegro Microsystems Is A Well-Positioned Semiconductor Stock
- Scotts Miracle-Gro Hits Bottom, Reversal In Play
- Altria is a Great Recession Stock, Long-Term Outlook Uncertain
- Novavax Shares Jumped in January While Others Slipped
- Boeing Produces the Last 747 Ever, What's Next?
Receive News & Ratings for Gores Holdings IX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gores Holdings IX and related companies with MarketBeat.com's FREE daily email newsletter.