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Lazard Growth Acquisition Corp. I (NASDAQ:LGAC) Hits New 52-Week High at $9.92

Lazard Growth Acquisition Corp. I (NASDAQ:LGACGet Rating)’s share price hit a new 52-week high on Thursday . The company traded as high as $9.92 and last traded at $9.92, with a volume of 200 shares. The stock had previously closed at $9.92.

Lazard Growth Acquisition Corp. I Trading Up 0.1 %

The business has a 50 day simple moving average of $9.89 and a two-hundred day simple moving average of $9.84.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in LGAC. D. E. Shaw & Co. Inc. increased its holdings in Lazard Growth Acquisition Corp. I by 5.6% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 871,187 shares of the company’s stock valued at $8,477,000 after purchasing an additional 45,987 shares in the last quarter. Cantor Fitzgerald L. P. lifted its holdings in Lazard Growth Acquisition Corp. I by 74.8% in the first quarter. Cantor Fitzgerald L. P. now owns 1,146,511 shares of the company’s stock worth $11,236,000 after acquiring an additional 490,499 shares during the last quarter. Glazer Capital LLC lifted its holdings in Lazard Growth Acquisition Corp. I by 23.3% in the first quarter. Glazer Capital LLC now owns 3,969,343 shares of the company’s stock worth $38,900,000 after acquiring an additional 749,728 shares during the last quarter. Marshall Wace LLP raised its holdings in shares of Lazard Growth Acquisition Corp. I by 41.1% during the fourth quarter. Marshall Wace LLP now owns 2,692,165 shares of the company’s stock valued at $26,196,000 after buying an additional 784,148 shares during the last quarter. Finally, PenderFund Capital Management Ltd. raised its holdings in shares of Lazard Growth Acquisition Corp. I by 400.0% during the fourth quarter. PenderFund Capital Management Ltd. now owns 6,500 shares of the company’s stock valued at $80,000 after buying an additional 5,200 shares during the last quarter. Hedge funds and other institutional investors own 68.00% of the company’s stock.

About Lazard Growth Acquisition Corp. I

(Get Rating)

Lazard Growth Acquisition Corp. I does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It seeks opportunities in the subsectors of healthcare, technology, energy transition, and financial and consumer sectors.

Further Reading

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