TWC Tech Holdings II Corp. (OTCMKTS:TWCTU – Get Free Report)’s stock price fell 8.5% during trading on Wednesday. The company traded as low as $9.61 and last traded at $9.61. 100 shares were traded during trading, a decline of 100% from the average daily volume of 33,785 shares. The stock had previously closed at $10.50.
TWC Tech Holdings II Stock Down 8.5%
The firm’s fifty day simple moving average is $9.61 and its 200 day simple moving average is $9.61.
About TWC Tech Holdings II
TWC Tech Holdings II Corp. was a special purpose acquisition company (SPAC) formed to identify and combine with a technology-focused business. Before completing a transaction, the company did not conduct significant operating activities or offer products and services of its own.
In 2021, TWC Tech Holdings II announced a business combination with Cellebrite DI Ltd., a provider of digital intelligence solutions. Cellebrite’s technology helps law enforcement, government agencies, and enterprises collect, access, manage, and analyze digital data from mobile devices and other sources.
The transaction resulted in Cellebrite becoming a publicly traded company, while TWC Tech Holdings II ceased operating as an independent blank-check company.
See Also
- Five stocks we like better than TWC Tech Holdings II
- Tesla Wants to Make Its Own Chips—What Could Go Wrong?
- IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver?
- PBF Energy’s Stunning Rally Faces a Critical Test
- Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
Receive News & Ratings for TWC Tech Holdings II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TWC Tech Holdings II and related companies with MarketBeat.com's FREE daily email newsletter.
