Corner Growth Acquisition (NASDAQ:COOL) Shares Pass Above 200 Day Moving Average of $10.90

Corner Growth Acquisition Corp. (NASDAQ:COOL)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.90 and traded as high as $11.34. Corner Growth Acquisition shares last traded at $11.34, with a volume of 2,523 shares.

Corner Growth Acquisition Stock Performance

The stock’s 50-day simple moving average is $11.06 and its two-hundred day simple moving average is $10.90.

Hedge Funds Weigh In On Corner Growth Acquisition

A hedge fund recently bought a new stake in Corner Growth Acquisition stock. Cowen AND Company LLC bought a new stake in Corner Growth Acquisition Corp. (NASDAQ:COOL) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 22,498 shares of the company’s stock, valued at approximately $240,000. Cowen AND Company LLC owned about 0.22% of Corner Growth Acquisition as of its most recent SEC filing. 1.62% of the stock is owned by hedge funds and other institutional investors.

About Corner Growth Acquisition

Corner Growth Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Palo Alto, California.