Global Partner Acquisition Corp II (NASDAQ:GPACU) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

Global Partner Acquisition Corp II (NASDAQ:GPACUGet Free Report)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $10.09 and traded as high as $10.13. Global Partner Acquisition Corp II shares last traded at $10.13, with a volume of 5,943 shares trading hands.

Global Partner Acquisition Corp II Price Performance

The company’s 50-day moving average price is $10.09 and its two-hundred day moving average price is $10.05.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of GPACU. Gritstone Asset Management LLC acquired a new stake in Global Partner Acquisition Corp II during the fourth quarter worth approximately $751,000. Deltec Asset Management LLC bought a new stake in shares of Global Partner Acquisition Corp II during the fourth quarter worth approximately $801,000. ABC Arbitrage SA acquired a new position in shares of Global Partner Acquisition Corp II in the fourth quarter valued at approximately $400,000. Jefferies Financial Group Inc. acquired a new position in shares of Global Partner Acquisition Corp II in the fourth quarter valued at approximately $1,842,000. Finally, BNP Paribas Financial Markets bought a new position in shares of Global Partner Acquisition Corp II during the fourth quarter worth approximately $4,957,000.

Global Partner Acquisition Corp II Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Global Partner Acquisition Corp II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Partner Acquisition Corp II and related companies with MarketBeat.com's FREE daily email newsletter.