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Gores Holdings IX (NASDAQ:GHIX) Shares Gap Up to $10.05

Financial News Live ·  Mar 20, 2023 11:00

Shares of Gores Holdings IX, Inc. (NASDAQ:GHIX – Get Rating) gapped up prior to trading on Monday . The stock had previously closed at $10.05, but opened at $10.46. Gores Holdings IX shares last traded at $10.05, with a volume of 35,450 shares.

Gores Holdings IX Price Performance

The company has a fifty day moving average of $9.99 and a 200-day moving average of $9.84.

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Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. UBS Group AG boosted its holdings in shares of Gores Holdings IX by 482.7% during the 4th quarter. UBS Group AG now owns 2,622 shares of the company's stock worth $26,000 after purchasing an additional 2,172 shares during the last quarter. Exos Asset Management LLC boosted its holdings in shares of Gores Holdings IX by 2.9% during the 2nd quarter. Exos Asset Management LLC now owns 173,023 shares of the company's stock worth $1,666,000 after purchasing an additional 4,845 shares during the last quarter. Robinson Capital Management LLC acquired a new position in shares of Gores Holdings IX during the 3rd quarter worth approximately $116,000. Walleye Capital LLC acquired a new position in shares of Gores Holdings IX during the 2nd quarter worth approximately $135,000. Finally, Virtu Financial LLC acquired a new position in shares of Gores Holdings IX during the 2nd quarter worth approximately $199,000. 74.67% of the stock is currently owned by institutional investors and hedge funds.

Gores Holdings IX Company Profile

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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.

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