Global Partner Acquisition Corp II (NASDAQ:GPACU) Stock Price Up 0.3% – Here’s Why

Global Partner Acquisition Corp II (NASDAQ:GPACU) shares rose 0.3% on Wednesday . The company traded as high as $10.16 and last traded at $10.16. Approximately 700 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 15,945 shares. The stock had previously closed at $10.13.

Global Partner Acquisition Corp II Price Performance

The stock’s 50 day moving average price is $10.12 and its 200-day moving average price is $10.07.

Institutional Investors Weigh In On Global Partner Acquisition Corp II

A number of institutional investors have recently bought and sold shares of GPACU. Meteora Capital LLC purchased a new position in shares of Global Partner Acquisition Corp II in the fourth quarter valued at about $139,000. HRT Financial LP purchased a new position in shares of Global Partner Acquisition Corp II in the fourth quarter worth $300,000. Boothbay Fund Management LLC bought a new position in shares of Global Partner Acquisition Corp II during the fourth quarter worth $375,000. ABC Arbitrage SA bought a new stake in shares of Global Partner Acquisition Corp II in the fourth quarter worth about $400,000. Finally, Stoic Point Capital Management LLC purchased a new position in Global Partner Acquisition Corp II during the 4th quarter valued at approximately $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.