Virgin Group Acquisition Corp. II (NYSE:VGII) Trading Down 9.5% – Time to Sell?

Shares of Virgin Group Acquisition Corp. II (NYSE:VGIIGet Free Report) were down 9.5% during trading on Monday . The stock traded as low as $1.34 and last traded at $1.34. Approximately 130,139 shares changed hands during mid-day trading, a decline of 8% from the average daily volume of 141,126 shares. The stock had previously closed at $1.48.

Virgin Group Acquisition Corp. II Stock Down 0.7 %

The company has a fifty day simple moving average of $1.58 and a two-hundred day simple moving average of $1.49.

About Virgin Group Acquisition Corp. II

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Virgin Group Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. Virgin Group Acquisition Corp. II was incorporated in 2021 and is based in New York, New York.

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