CC Neuberger Principal Holdings II (NYSE:PRPB – Get Free Report) fell 1.9% on Thursday . The company traded as low as $0.27 and last traded at $0.2705. Approximately 2,098,856 shares were traded during trading, an increase of 331% from the average session volume of 487,352 shares. The stock had previously closed at $0.2757.
CC Neuberger Principal Holdings II Stock Performance
The company has a fifty day moving average of $0.60 and a two-hundred day moving average of $0.78.
About CC Neuberger Principal Holdings II
CC Neuberger Principal Holdings II (NYSE: PRPB) is a special purpose acquisition company (SPAC) formed to effectuate a merger, stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses. The company held its initial public offering in September 2020 and has not yet consummated a business combination. PRPB’s shares and warrants are traded on the New York Stock Exchange, and its proceeds are held in a trust account pending identification of a suitable target.
Sponsors of CC Neuberger Principal Holdings II include CC Capital Partners, Neuberger Berman and Principal Financial Group.
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