Gores Holdings X (NASDAQ:GTENU) Stock Price Up 0.3% – Time to Buy?

Gores Holdings X, Inc. (NASDAQ:GTENU)’s stock price rose 0.3% on Wednesday . The stock traded as high as $10.54 and last traded at $10.54. Approximately 300 shares traded hands during trading, a decline of 100% from the average daily volume of 96,593 shares. The stock had previously closed at $10.51.

Gores Holdings X Stock Up 0.3%

The firm has a 50-day moving average price of $10.46.

Institutional Investors Weigh In On Gores Holdings X

A number of institutional investors have recently made changes to their positions in GTENU. Clear Street LLC bought a new stake in shares of Gores Holdings X during the second quarter valued at approximately $745,000. HBK Investments L P bought a new position in Gores Holdings X in the 2nd quarter valued at approximately $5,195,000. Calamos Advisors LLC purchased a new stake in Gores Holdings X during the 2nd quarter valued at $7,273,000. LMR Partners LLP bought a new stake in shares of Gores Holdings X in the 2nd quarter worth $7,273,000. Finally, Moore Capital Management LP bought a new stake in shares of Gores Holdings X in the 2nd quarter worth $12,728,000.

Gores Holdings X Company Profile

We are a blank check company incorporated as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.