Corner Growth Acquisition Corp. 2 (NASDAQ:TRON – Get Rating)'s stock price dropped 0.6% during trading on Tuesday . The company traded as low as $10.58 and last traded at $10.59. Approximately 426 shares traded hands during trading, a decline of 97% from the average daily volume of 16,486 shares. The stock had previously closed at $10.65.
Corner Growth Acquisition Corp. 2 Trading Down 0.6 %
The business's fifty day simple moving average is $10.44 and its 200 day simple moving average is $10.37.
Get Corner Growth Acquisition Corp. 2 alerts:Institutional Investors Weigh In On Corner Growth Acquisition Corp. 2
A number of hedge funds have recently added to or reduced their stakes in the stock. First Trust Capital Management L.P. bought a new stake in Corner Growth Acquisition Corp. 2 during the 4th quarter worth about $3,400,000. Fir Tree Capital Management LP bought a new position in shares of Corner Growth Acquisition Corp. 2 in the 1st quarter valued at about $2,985,000. Castle Creek Arbitrage LLC bought a new position in shares of Corner Growth Acquisition Corp. 2 in the 2nd quarter valued at about $3,011,000. Meteora Capital LLC boosted its stake in shares of Corner Growth Acquisition Corp. 2 by 223.8% in the 4th quarter. Meteora Capital LLC now owns 296,697 shares of the company's stock valued at $3,044,000 after purchasing an additional 205,073 shares during the last quarter. Finally, Berkley W R Corp boosted its stake in shares of Corner Growth Acquisition Corp. 2 by 126.4% in the 2nd quarter. Berkley W R Corp now owns 223,911 shares of the company's stock valued at $2,253,000 after purchasing an additional 125,001 shares during the last quarter. Institutional investors own 58.72% of the company's stock.
About Corner Growth Acquisition Corp. 2
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Corner Growth Acquisition Corp. 2 does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses or assets in the technology sector. The company was incorporated in 2021 and is based in Palo Alto, California.
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