Corner Growth Acquisition (NASDAQ:COOLU) Stock Price Down 7.5%

Corner Growth Acquisition Corp. (NASDAQ:COOLU)’s stock price dropped 7.5% on Friday . The stock traded as low as $11.60 and last traded at $11.60. Approximately 4,037 shares were traded during mid-day trading, an increase of 156% from the average daily volume of 1,577 shares. The stock had previously closed at $12.54.

Corner Growth Acquisition Stock Performance

The stock’s 50-day moving average is $11.23 and its 200-day moving average is $10.98.

Hedge Funds Weigh In On Corner Growth Acquisition

A hedge fund recently raised its stake in Corner Growth Acquisition stock. Clear Street LLC increased its position in shares of Corner Growth Acquisition Corp. (NASDAQ:COOLU) by 1,555.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,550 shares of the company’s stock after buying an additional 15,550 shares during the quarter. Clear Street LLC’s holdings in Corner Growth Acquisition were worth $178,000 at the end of the most recent quarter.

About Corner Growth Acquisition

Corner Growth Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It focuses on acquiring companies in the technology industry in the United States and other developed countries.