Global Partner Acquisition Corp II (NASDAQ:GPACU) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Shares of Global Partner Acquisition Corp II (NASDAQ:GPACU) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $10.15 and traded as high as $10.19. Global Partner Acquisition Corp II shares last traded at $10.19, with a volume of 100 shares.

Global Partner Acquisition Corp II Stock Up 0.1%

The stock has a 50 day simple moving average of $10.15 and a 200 day simple moving average of $10.09.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Alberta Investment Management Corp acquired a new position in shares of Global Partner Acquisition Corp II during the fourth quarter valued at about $12,012,000. Magnetar Financial LLC acquired a new position in Global Partner Acquisition Corp II during the 4th quarter valued at about $9,224,000. Aristeia Capital L.L.C. bought a new stake in Global Partner Acquisition Corp II during the 4th quarter worth approximately $7,021,000. Radcliffe Capital Management L.P. purchased a new stake in shares of Global Partner Acquisition Corp II in the fourth quarter worth approximately $5,506,000. Finally, Lineage Point Capital LP purchased a new stake in shares of Global Partner Acquisition Corp II in the fourth quarter worth approximately $5,005,000.

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.