Shares of Virgin Group Acquisition Corp. II (NYSE:VGII – Get Free Report) were up 0.9% during trading on Friday . The stock traded as high as $1.12 and last traded at $1.12. 19,261 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 141,126 shares. The stock had previously closed at $1.11.
Virgin Group Acquisition Corp. II Stock Up 0.9%
The company’s fifty day moving average price is $1.16 and its two-hundred day moving average price is $1.27.
About Virgin Group Acquisition Corp. II
Virgin Group Acquisition Corp. II is a publicly traded special purpose acquisition company (SPAC) sponsored by the Virgin Group and its affiliates. Incorporated in Delaware, the company launched its initial public offering in 2021 and is listed on the New York Stock Exchange under the ticker VGII. As a blank‐check vehicle, its primary objective is to identify and merge with a privately held business, thereby taking that company public through a deSPAC transaction.
The company targets businesses operating in the digital economy, consumer, media, entertainment and technology sectors.
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