Global Partner Acquisition Corp II (NASDAQ:GPACU) Trading Down 0.1% – Should You Sell?

Global Partner Acquisition Corp II (NASDAQ:GPACU)’s share price traded down 0.1% during mid-day trading on Wednesday . The stock traded as low as $10.00 and last traded at $10.00. 101 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 15,170 shares. The stock had previously closed at $10.01.

Global Partner Acquisition Corp II Stock Performance

The firm’s 50 day moving average is $10.02 and its 200 day moving average is $10.02.

Institutional Trading of Global Partner Acquisition Corp II

Hedge funds have recently made changes to their positions in the stock. Meteora Capital LLC purchased a new position in shares of Global Partner Acquisition Corp II in the 4th quarter worth about $139,000. HRT Financial LP purchased a new stake in Global Partner Acquisition Corp II during the 4th quarter valued at about $300,000. Boothbay Fund Management LLC purchased a new stake in Global Partner Acquisition Corp II during the 4th quarter valued at about $375,000. ABC Arbitrage SA bought a new stake in Global Partner Acquisition Corp II during the 4th quarter valued at about $400,000. Finally, Stoic Point Capital Management LLC bought a new stake in Global Partner Acquisition Corp II during the 4th quarter valued at about $500,000.

About Global Partner Acquisition Corp II

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.