Crane Harbor Acquisition Corp. II (NASDAQ:CRANU – Get Free Report)’s stock price was up 0.1% during trading on Friday . The stock traded as high as $10.40 and last traded at $10.40. 1,449 shares were traded during mid-day trading, a decline of 94% from the average session volume of 25,729 shares. The stock had previously closed at $10.39.
Crane Harbor Acquisition Corp. II Price Performance
The stock’s 50 day moving average is $10.26.
Institutional Trading of Crane Harbor Acquisition Corp. II
Several institutional investors have recently added to or reduced their stakes in the business. PenderFund Capital Management Ltd. acquired a new stake in shares of Crane Harbor Acquisition Corp. II during the fourth quarter worth $50,000. Virtu Financial LLC acquired a new position in shares of Crane Harbor Acquisition Corp. II in the 4th quarter valued at about $198,000. Quarry LP bought a new stake in shares of Crane Harbor Acquisition Corp. II during the 4th quarter valued at about $201,000. Sandia Investment Management LP bought a new stake in shares of Crane Harbor Acquisition Corp. II during the 4th quarter valued at about $201,000. Finally, HRT Financial LP acquired a new stake in Crane Harbor Acquisition Corp. II during the fourth quarter worth about $294,000.
About Crane Harbor Acquisition Corp. II
Crane Harbor Acquisition Corp. II (NASDAQ: CRANU) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, that is listed on the Nasdaq stock exchange. As a SPAC, its primary corporate purpose is to raise capital in the public markets through an initial public offering and to use the proceeds to identify, negotiate and complete a business combination with one or more operating companies. The entity itself does not operate commercial businesses; instead, it functions as an acquisition vehicle that brings private companies to the public markets through a merger, acquisition or other business combination.
The company’s activities typically include sourcing potential target companies, conducting due diligence, negotiating transaction terms and structuring the business combination.
See Also
- Five stocks we like better than Crane Harbor Acquisition Corp. II
- Why WD-40 Is Proving Great Businesses Never Go Out of Style
- Pushing the Edge: Super Micro Computer Reboots the AI Landscape
- MarketBeat Week in Review – 07/06 – 07/10
- AeroVironment Flies Under Wall Street’s Radar Toward a $4 Billion Target
Receive News & Ratings for Crane Harbor Acquisition Corp. II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crane Harbor Acquisition Corp. II and related companies with MarketBeat.com's FREE daily email newsletter.
