Apex Technology Acquisition (NASDAQ:APXT) Sets New 1-Year High – Here’s What Happened

Apex Technology Acquisition Co. (NASDAQ:APXT – Get Free Report) reached a new 52-week high on Thursday . The stock traded as high as $10.02 and last traded at $10.02, with a volume of 27915 shares trading hands. The stock had previously closed at $10.02.

Apex Technology Acquisition Stock Performance

The company has a 50-day simple moving average of $9.98 and a 200-day simple moving average of $10.21.

Get Apex Technology Acquisition alerts:

Apex Technology Acquisition (NASDAQ:APXT – Get Free Report) last announced its quarterly earnings results on Thursday, March 26th. The company reported $0.09 earnings per share for the quarter.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Gritstone Asset Management LLC purchased a new position in shares of Apex Technology Acquisition during the fourth quarter worth $494,000. Wolverine Asset Management LLC purchased a new stake in shares of Apex Technology Acquisition in the fourth quarter valued at approximately $11,246,000. HighTower Advisors LLC purchased a new stake in shares of Apex Technology Acquisition during the fourth quarter worth about $11,272,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Apex Technology Acquisition during the fourth quarter worth about $3,956,000. Finally, Periscope Capital Inc. purchased a new stake in shares of Apex Technology Acquisition during the fourth quarter worth approximately $4,450,000. 6.01% of the stock is currently owned by hedge funds and other institutional investors.

Apex Technology Acquisition Company Profile

(Get Free Report)

Apex Technology Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the software and internet technology industries. The company was incorporated in 2019 and is based in Burlingame, California. Apex Technology Acquisition Corporation is a subsidiary of Apex Technology Sponsor LLC.

Read More

• Five stocks we like better than Apex Technology Acquisition
• Meta Platforms 10% Layoff Raises a Bigger Question About AI Spending
• As Small-Cap Outperformance Continues, These 2 ETFs Provide Exposure
• Silicon Shake-Up: The AI Trade Is Moving Beyond NVIDIA
• The Silver Lining of Last Week’s Hims & Hers Earnings Miss

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