Lineage Point Capital LP Takes Position in GigCapital2, Inc. $GIX

Lineage Point Capital LP purchased a new position in shares of GigCapital2, Inc. (NASDAQ:GIXFree Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 148,777 shares of the company’s stock, valued at approximately $1,540,000. Lineage Point Capital LP owned about 0.75% of GigCapital2 as of its most recent filing with the Securities and Exchange Commission (SEC).

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings initiated coverage on GigCapital2 in a research note on Tuesday, August 11th. They issued a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, GigCapital2 presently has an average rating of “Sell”.

View Our Latest Research Report on GigCapital2

GigCapital2 Stock Performance

Shares of GigCapital2 stock opened at $9.99 on Friday. GigCapital2, Inc. has a 52-week low of $9.80 and a 52-week high of $10.00. The firm has a 50-day moving average price of $9.96.

GigCapital2 Profile

(Free Report)

GigCapital2, Inc is a blank check company. It intends to enter into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2019 and is headquartered in Palo Alto, California.

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