Blue Water Acquisition Corp. III (NASDAQ:BLUWW – Get Free Report) was up 0% during trading on Monday . The company traded as high as $0.40 and last traded at $0.40. Approximately 3,439 shares were traded during mid-day trading, a decline of 58% from the average daily volume of 8,217 shares. The stock had previously closed at $0.3999.
Blue Water Acquisition Corp. III Price Performance
The firm’s 50 day simple moving average is $0.50.
Blue Water Acquisition Corp. III Company Profile
Blue Water Acquisition Corp. III is a special purpose acquisition company (SPAC) organized to effect a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company is publicly listed on the Nasdaq exchange under the symbol BLUWW. As a blank-check vehicle, it does not operate an ongoing commercial business of its own but raises capital in public markets to pursue acquisition opportunities.
Like most SPACs, Blue Water Acquisition Corp.
Further Reading
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