International Media Acquisition (OTCMKTS:IMAQ) Trading Down 1.6% – Here’s Why

International Media Acquisition Corp. (OTCMKTS:IMAQGet Free Report)’s stock price fell 1.6% during mid-day trading on Thursday . The company traded as low as $10.04 and last traded at $10.04. Approximately 402 shares traded hands during mid-day trading, a decline of 3% from the average daily volume of 416 shares. The stock had previously closed at $10.20.

International Media Acquisition Stock Performance

The company has a 50-day moving average of $10.23 and a 200 day moving average of $10.05.

About International Media Acquisition

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International Media Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the media and entertainment sector. International Media Acquisition Corp. was incorporated in 2021 and is based in North Brunswick, New Jersey.

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