Virgin Group Acquisition Corp. II (NYSE:VGII – Get Free Report)’s stock price traded up 1.6% during mid-day trading on Friday . The company traded as high as $1.29 and last traded at $1.25. Approximately 127,914 shares changed hands during mid-day trading, a decline of 9% from the average daily volume of 141,126 shares. The stock had previously closed at $1.23.
Virgin Group Acquisition Corp. II Trading Up 1.6%
The business’s fifty day moving average price is $1.21 and its 200 day moving average price is $1.29.
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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