Innoviz Technologies Ltd. (NASDAQ:INVZW – Get Rating) shares were down 15.4% on Thursday . The stock traded as low as $1.09 and last traded at $1.10. Approximately 3,332 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 14,196 shares. The stock had previously closed at $1.30.
Innoviz Technologies Price Performance
The company's 50-day simple moving average is $1.31 and its two-hundred day simple moving average is $1.72.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Innoviz Technologies stock. Antara Capital LP grew its holdings in Innoviz Technologies Ltd. (NASDAQ:INVZW – Get Rating) by 11.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,029,169 shares of the company's stock after acquiring an additional 717,100 shares during the period. Innoviz Technologies accounts for 0.3% of Antara Capital LP's portfolio, making the stock its 23rd largest holding. Antara Capital LP's holdings in Innoviz Technologies were worth $10,192,000 as of its most recent SEC filing.
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