CC Neuberger Principal Holdings II (NYSE:PRPB) Stock Price Up 4.7%

CC Neuberger Principal Holdings II (NYSE:PRPBGet Rating) rose 4.7% on Tuesday . The company traded as high as $5.69 and last traded at $5.59. Approximately 262,138 shares were traded during trading, a decline of 46% from the average daily volume of 487,352 shares. The stock had previously closed at $5.34.

CC Neuberger Principal Holdings II Trading Up 4.7 %

The business has a fifty day moving average of $5.67 and a 200 day moving average of $8.39.

Hedge Funds Weigh In On CC Neuberger Principal Holdings II

Hedge funds and other institutional investors have recently bought and sold shares of the company. RPO LLC boosted its holdings in CC Neuberger Principal Holdings II by 102.7% during the 2nd quarter. RPO LLC now owns 934,134 shares of the company’s stock valued at $9,332,000 after acquiring an additional 473,339 shares during the period. Landscape Capital Management L.L.C. purchased a new position in CC Neuberger Principal Holdings II during the 2nd quarter valued at about $763,000. Berkley W R Corp boosted its holdings in CC Neuberger Principal Holdings II by 185.7% during the 2nd quarter. Berkley W R Corp now owns 1,874,524 shares of the company’s stock valued at $18,726,000 after acquiring an additional 1,218,501 shares during the period. Hsbc Holdings PLC boosted its holdings in CC Neuberger Principal Holdings II by 26.9% during the 1st quarter. Hsbc Holdings PLC now owns 1,209,669 shares of the company’s stock valued at $12,006,000 after acquiring an additional 256,144 shares during the period. Finally, Walleye Trading LLC boosted its holdings in CC Neuberger Principal Holdings II by 1.1% during the 1st quarter. Walleye Trading LLC now owns 282,292 shares of the company’s stock valued at $2,800,000 after acquiring an additional 3,165 shares during the period.

About CC Neuberger Principal Holdings II

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CC Neuberger Principal Holdings II does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. CC Neuberger Principal Holdings II was incorporated in 2020 and is based in New York, New York.

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