Global Partner Acquisition Corp II (NASDAQ:GPACU) Trading Up 0.3% – Here’s What Happened

Shares of Global Partner Acquisition Corp II (NASDAQ:GPACU) were up 0.3% during mid-day trading on Wednesday . The stock traded as high as $10.16 and last traded at $10.16. 700 shares changed hands during trading, a decline of 96% from the average session volume of 15,945 shares. The stock had previously closed at $10.13.

Global Partner Acquisition Corp II Price Performance

The firm’s 50-day moving average is $10.12 and its 200 day moving average is $10.07.

Institutional Investors Weigh In On Global Partner Acquisition Corp II

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Lineage Point Capital LP bought a new position in shares of Global Partner Acquisition Corp II during the 4th quarter worth approximately $5,005,000. Virtu Financial LLC acquired a new stake in Global Partner Acquisition Corp II in the 4th quarter valued at $652,000. Alberta Investment Management Corp bought a new stake in Global Partner Acquisition Corp II during the 4th quarter worth about $12,012,000. Stoic Point Capital Management LLC bought a new stake in Global Partner Acquisition Corp II during the 4th quarter worth about $500,000. Finally, TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new position in shares of Global Partner Acquisition Corp II during the 4th quarter worth about $8,008,000.

Global Partner Acquisition Corp II Company Profile

Global Partner Acquisition Corp II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York. Global Partner Acquisition Corp II is a subsidiary of Global Partner Sponsor II LLC.