GigCapital2 (NASDAQ:GIX) Stock Price Down 0.1% – Here’s What Happened

GigCapital2, Inc. (NASDAQ:GIXGet Free Report) dropped 0.1% during mid-day trading on Tuesday . The company traded as low as $9.93 and last traded at $9.93. Approximately 32,109 shares changed hands during trading, a decline of 76% from the average daily volume of 135,975 shares. The stock had previously closed at $9.94.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of GigCapital2 to a “hold” rating in a report on Saturday, April 11th.

Get Our Latest Stock Report on GigCapital2

GigCapital2 Stock Performance

The business has a 50-day moving average of $9.91.

About GigCapital2

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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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