DiamondPeak Holdings Corp. (OTCMKTS:DPHCU – Get Free Report) dropped 13.7% during trading on Thursday . The stock traded as low as $19.76 and last traded at $20.45. 65,400 shares were traded during trading, an increase of 32% from the average daily volume of 49,678 shares. The stock had previously closed at $23.69.
DiamondPeak Stock Down 13.7%
The stock has a fifty day simple moving average of $20.45 and a two-hundred day simple moving average of $20.45.
About DiamondPeak
DiamondPeak Holdings Corp. is a special purpose acquisition company formed to raise capital through an initial public offering and pursue merger, capital stock purchase, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Trading on the OTC Markets under the ticker DPHCU, DiamondPeak offers units comprised of one Class A ordinary share and one-half of a redeemable warrant.
As a blank-check company, DiamondPeak does not maintain traditional business operations.
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