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A secret that hides GX Acquisition Corp. II’s strength (NASDAQ:GXII)

March 7, 2023
in Industry

Stocks of GX Acquisition Corp. II (NASDAQ:GXII) traded higher last session on Wall Street, up 0.06% to $10.14.

GXII stock price is now 0.70% away from the 50-day moving average and 2.64% away from the 200-day moving average. The market capitalization of the company currently stands at $379.76M.

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There have been several recent changes in the stakes of large investors in GXII stock. A new stake in GX Acquisition Corp. II shares was purchased by JANE STREET GROUP, LLC during the first quarter worth $9,434,000. ARISTEIA CAPITAL LLC invested $7,484,000 in shares of GXII during the first quarter. In the first quarter, WESTCHESTER CAPITAL MANAGEMENT, LLC acquired a new stake in GX Acquisition Corp. II valued at approximately $5,412,000. JPMORGAN CHASE & CO acquired a new stake in GXII for approximately $1,014,000. ATLAS MERCHANT CAPITAL LLC purchased a new stake in GXII valued at around $507,000 in the second quarter. In total, there are 76 active investors with 96.00% ownership of the company’s stock.

Monday’s opening bell rang with an opening price of $10.13 for GX Acquisition Corp. II (NASDAQ: GXII). During the past 12 months, GX Acquisition Corp. II has had a low of $9.70 and a high of $10.13. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 0.00, and a quick ratio of 0.00. The fifty day moving average price for GXII is $10.07 and a two-hundred day moving average price translates $9.89 for the stock.

The latest earnings results from GX Acquisition Corp. II (NASDAQ: GXII) was released for Sep, 2022.

GX Acquisition Corp. II(GXII) Company Profile

GX Acquisition Corp. II 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. The company was incorporated in 2020 and is based in New York, New York.

Tags: GX Acquisition Corp. IIGXIIGXII stockNASDAQ:GXII

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