TradeUP Global Co. (NASDAQ:TUGC – Get Rating) shares shot up 2.7% during mid-day trading on Tuesday . The company traded as high as $2.99 and last traded at $2.68. 6,484 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 60,900 shares. The stock had previously closed at $2.61.
TradeUP Global Stock Down 6.3 %
The stock has a fifty day moving average price of $3.67 and a 200-day moving average price of $4.70.
Hedge Funds Weigh In On TradeUP Global
A hedge fund recently bought a new stake in TradeUP Global stock. Graham Capital Wealth Management LLC purchased a new stake in shares of TradeUP Global Co. (NASDAQ:TUGC – Get Rating) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 47,832 shares of the company’s stock, valued at approximately $472,000. Graham Capital Wealth Management LLC owned approximately 0.82% of TradeUP Global at the end of the most recent reporting period. 15.05% of the stock is currently owned by institutional investors and hedge funds.
About TradeUP Global
TradeUP Global Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses. The company was founded in 2021 and is based in New York, New York.
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