Corner Growth Acquisition (NASDAQ:COOL) Stock Price Passes Above 200 Day Moving Average of $10.49

Corner Growth Acquisition Corp. (NASDAQ:COOL)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $10.49 and traded as high as $10.90. Corner Growth Acquisition shares last traded at $10.90, with a volume of 3,264 shares traded.

Corner Growth Acquisition Price Performance

The firm’s 50-day moving average is $10.88 and its 200-day moving average is $10.49.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Shaolin Capital Management LLC purchased a new position in Corner Growth Acquisition in the second quarter worth $246,000. Clear Street LLC purchased a new stake in Corner Growth Acquisition during the first quarter valued at about $33,000. Mangrove Partners purchased a new stake in Corner Growth Acquisition during the fourth quarter valued at about $345,000. Berkley W R Corp boosted its position in Corner Growth Acquisition by 210.8% during the fourth quarter. Berkley W R Corp now owns 1,063,053 shares of the company’s stock valued at $10,694,000 after buying an additional 721,056 shares during the period. Finally, CSS LLC IL purchased a new stake in Corner Growth Acquisition during the fourth quarter valued at about $150,000. 2.36% of the stock is currently owned by hedge funds and other institutional investors.

About Corner Growth Acquisition

Corner Growth Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Palo Alto, California.