Corner Growth Acquisition (NASDAQ:COOL) Reaches New 1-Year High at $10.08

Shares of Corner Growth Acquisition Corp. (NASDAQ:COOLGet Rating) hit a new 52-week high during trading on Friday . The company traded as high as $10.08 and last traded at $10.06, with a volume of 4218 shares changing hands. The stock had previously closed at $10.04.

Corner Growth Acquisition Stock Performance

The stock has a market cap of $503 million, a P/E ratio of -2.74 and a beta of 0.01. The stock’s fifty day moving average price is $9.99 and its 200 day moving average price is $9.97.

Hedge Funds Weigh In On Corner Growth Acquisition

Hedge funds have recently bought and sold shares of the company. Glazer Capital LLC raised its position in Corner Growth Acquisition by 146.7% in the 3rd quarter. Glazer Capital LLC now owns 3,940,418 shares of the company’s stock worth $39,266,000 after buying an additional 2,343,342 shares during the last quarter. Aristeia Capital LLC increased its position in shares of Corner Growth Acquisition by 9.9% during the 2nd quarter. Aristeia Capital LLC now owns 2,616,595 shares of the company’s stock valued at $25,800,000 after purchasing an additional 235,000 shares during the last quarter. Bank of Montreal Can increased its position in shares of Corner Growth Acquisition by 6.8% during the 3rd quarter. Bank of Montreal Can now owns 1,923,294 shares of the company’s stock valued at $19,175,000 after purchasing an additional 123,294 shares during the last quarter. Millennium Management LLC increased its position in shares of Corner Growth Acquisition by 126.0% during the 2nd quarter. Millennium Management LLC now owns 1,366,049 shares of the company’s stock valued at $13,469,000 after purchasing an additional 761,592 shares during the last quarter. Finally, Nomura Holdings Inc. grew its stake in shares of Corner Growth Acquisition by 83.7% during the 2nd quarter. Nomura Holdings Inc. now owns 901,815 shares of the company’s stock valued at $8,894,000 after acquiring an additional 410,846 shares during the period. Institutional investors own 73.24% of the company’s stock.

Corner Growth Acquisition Company Profile

(Get Rating)

Corner Growth Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in Palo Alto, California.

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