GigCapital9 Stock Hangs Close to $10 While Market Slides — The Trade’s Big Unknown
GigCapital9 Corp. closed at $9.93 in late U.S. trade Wednesday, with just 1,212 shares changing hands. The SPAC reported $254.5 million in trust at March 31 and no operating revenue or completed merger. Shares and rights continue to trade separately on Nasdaq. Broader U.S. markets fell, with the S&P 500 down 0.74% and the Nasdaq Composite off 0.89%.