Corner Growth Acquisition (NASDAQ:COOL) Sets New 52-Week High at $10.08

Corner Growth Acquisition Corp. (NASDAQ:COOLGet Rating) reached a new 52-week high on Friday . The stock traded as high as $10.08 and last traded at $10.06, with a volume of 4218 shares trading hands. The stock had previously closed at $10.04.

Corner Growth Acquisition Stock Performance

The stock has a market capitalization of $503 million, a PE ratio of -2.74 and a beta of 0.01. The firm has a 50 day moving average of $9.99 and a two-hundred day moving average of $9.97.

Hedge Funds Weigh In On Corner Growth Acquisition

Several hedge funds have recently bought and sold shares of COOL. Glazer Capital LLC increased its position in Corner Growth Acquisition by 146.7% during the third quarter. Glazer Capital LLC now owns 3,940,418 shares of the company’s stock worth $39,266,000 after buying an additional 2,343,342 shares in the last quarter. Bank of Montreal Can boosted its holdings in shares of Corner Growth Acquisition by 1,700.0% during the second quarter. Bank of Montreal Can now owns 1,800,000 shares of the company’s stock worth $17,766,000 after purchasing an additional 1,700,000 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of Corner Growth Acquisition by 126.0% during the second quarter. Millennium Management LLC now owns 1,366,049 shares of the company’s stock worth $13,469,000 after purchasing an additional 761,592 shares during the last quarter. Weiss Asset Management LP boosted its holdings in shares of Corner Growth Acquisition by 117.3% during the third quarter. Weiss Asset Management LP now owns 823,878 shares of the company’s stock worth $8,214,000 after purchasing an additional 444,804 shares during the last quarter. Finally, Nomura Holdings Inc. boosted its holdings in shares of Corner Growth Acquisition by 718.3% during the first quarter. Nomura Holdings Inc. now owns 490,969 shares of the company’s stock worth $4,818,000 after purchasing an additional 430,969 shares during the last quarter. Hedge funds and other institutional investors own 73.24% of the company’s stock.

About Corner Growth Acquisition

(Get Rating)

Corner Growth Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in Palo Alto, California.

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