GCM Grosvenor Inc. (NASDAQ:GCMGW – Get Free Report)’s stock price dropped 24.6% on Wednesday . The company traded as low as $0.91 and last traded at $0.92. Approximately 19,649 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 42,836 shares. The stock had previously closed at $1.22.
GCM Grosvenor Stock Performance
The firm has a 50 day moving average price of $1.07 and a 200-day moving average price of $0.86.
GCM Grosvenor Company Profile
GCM Grosvenor Inc is global alternative asset management solutions provider. The firm primarily provides its services to pooled investment vehicles. It also provides its services to investment companies, high net worth individuals, pension and profit sharing plans and state or municipal government entities.
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