Decarbonization Plus Acquisition Co. (OTCMKTS:DCRBU – Get Free Report)’s share price shot up 0.5% during mid-day trading on Thursday. The company traded as high as $11.59 and last traded at $11.15. 4,700 shares traded hands during trading, a decline of 90% from the average session volume of 45,387 shares. The stock had previously closed at $11.10.
Decarbonization Plus Acquisition Stock Performance
The stock’s 50 day moving average is $11.15 and its two-hundred day moving average is $11.15.
Decarbonization Plus Acquisition Company Profile
Decarbonization Plus Acquisition Corp. II was a special purpose acquisition company (SPAC) formed to identify and complete a business combination with a company operating in the decarbonization, renewable energy, sustainable transportation, or related environmental technology sectors. Unlike an operating company, its primary business activity was evaluating potential merger, acquisition, or similar transactions.
The company did not develop or sell products and services of its own before completing a business combination.
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