Stable Road Acquisition Corp. (OTCMKTS:SRACU – Get Free Report)’s stock price rose 10.9% during trading on Wednesday . The stock traded as high as $12.20 and last traded at $12.20. 1,800 shares changed hands during trading, a decline of 66% from the average daily volume of 5,228 shares. The stock had previously closed at $11.00.
Stable Road Acquisition Price Performance
The company’s 50 day simple moving average is $12.20 and its 200-day simple moving average is $12.20.
About Stable Road Acquisition
Stable Road Acquisition Corp. (OTCMKTS:SRACU) is a special purpose acquisition company (SPAC) formed in 2020 to effect a merger, share exchange, asset acquisition or similar business combination. The company completed its initial public offering in October 2020, raising gross proceeds to pursue opportunities in the global mobility sector. As an exempted Cayman Islands company, Stable Road Acquisition operates under a blind-pool structure, seeking to identify and combine with a privately held target that can benefit from the public markets.
Stable Road Acquisition focuses on technology-enabled businesses across automotive, transportation, financing, fintech and related product lifecycle management.
See Also
- Five stocks we like better than Stable Road Acquisition
- GE Vernova’s AI Power Boom Faces a Profit Test
- Cardinal Health Earnings: Can Perfection Get Priced In Twice?
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
- Legacy Jet Builders Stall While Embraer Accelerates to New Highs
Receive News & Ratings for Stable Road Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stable Road Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
