Global Partner Acquisition Corp II (NASDAQ:GPACU) Stock Jumps 0.5% – Here’s What Happened

Global Partner Acquisition Corp II (NASDAQ:GPACU – Get Free Report) shares were up 0.5% during mid-day trading on Tuesday. The company traded as high as $10.23 and last traded at $10.23. Approximately 3,013 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 12,154 shares. The stock had previously closed at $10.18.

Global Partner Acquisition Corp II Stock Up 0.5%

The company’s 50 day simple moving average is $10.18 and its 200 day simple moving average is $10.10.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Global Partner Acquisition Corp II stock. BlueCrest Capital Management Ltd purchased a new position in shares of Global Partner Acquisition Corp II (NASDAQ:GPACU – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 335,000 shares of the company’s stock, valued at approximately $3,350,000.

About Global Partner Acquisition Corp II

(Get Free Report)

Global Partner Acquisition Corp II is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more private companies. The company does not have significant operating activities, products or services of its own and was established to raise capital through an initial public offering and use those proceeds, together with other available funds, to pursue an acquisition. As a SPAC, Global Partner Acquisition Corp II may seek to merge with, acquire, or otherwise combine with a business through a merger, stock purchase, reorganization or similar transaction.

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