Corner Growth Acquisition (NASDAQ:COOLU) Stock Price Down 7.5%

Corner Growth Acquisition Corp. (NASDAQ:COOLU)’s share price dropped 7.5% during mid-day trading on Friday . The company traded as low as $11.60 and last traded at $11.60. Approximately 4,037 shares were traded during mid-day trading, an increase of 156% from the average daily volume of 1,577 shares. The stock had previously closed at $12.54.

Corner Growth Acquisition Stock Performance

The company’s 50-day moving average is $11.23 and its 200 day moving average is $10.98.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Corner Growth Acquisition stock. Clear Street LLC increased its holdings in Corner Growth Acquisition Corp. (NASDAQ:COOLU) by 1,555.0% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 16,550 shares of the company’s stock after buying an additional 15,550 shares during the quarter. Clear Street LLC’s holdings in Corner Growth Acquisition were worth $178,000 at the end of the most recent reporting period.

Corner Growth Acquisition Company Profile

Corner Growth Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It focuses on acquiring companies in the technology industry in the United States and other developed countries.