Global Partner Acquisition Corp II (NASDAQ:GPACU) Share Price Crosses Above 50 Day Moving Average – Here’s Why

Global Partner Acquisition Corp II (NASDAQ:GPACU)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $10.02 and traded as high as $10.05. Global Partner Acquisition Corp II shares last traded at $10.05, with a volume of 1,000 shares changing hands.

Global Partner Acquisition Corp II Stock Up 0.3%

The company’s 50 day moving average price is $10.02 and its 200 day moving average price is $10.02.

Institutional Investors Weigh In On Global Partner Acquisition Corp II

Several institutional investors and hedge funds have recently made changes to their positions in the company. Adage Capital Partners GP L.L.C. acquired a new stake in shares of Global Partner Acquisition Corp II in the 4th quarter valued at $18,018,000. Alberta Investment Management Corp acquired a new stake in shares of Global Partner Acquisition Corp II in the 4th quarter valued at $12,012,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Global Partner Acquisition Corp II in the 4th quarter valued at $12,012,000. Millennium Management LLC acquired a new stake in shares of Global Partner Acquisition Corp II in the 4th quarter valued at $12,012,000. Finally, Glazer Capital LLC acquired a new stake in shares of Global Partner Acquisition Corp II in the 4th quarter valued at $11,017,000.

Global Partner Acquisition Corp II Company Profile

Global Partner Acquisition Corp II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York. Global Partner Acquisition Corp II is a subsidiary of Global Partner Sponsor II LLC.