Platinum Eagle Acquisition Corp. (OTCMKTS:EAGLU – Get Free Report)’s share price shot up 1% during mid-day trading on Wednesday. The stock traded as high as $10.30 and last traded at $10.30. Approximately 500 shares were traded during trading, a decline of 95% from the average daily volume of 9,813 shares. The stock had previously closed at $10.20.
Platinum Eagle Acquisition Price Performance
The firm’s fifty day simple moving average is $10.30 and its 200 day simple moving average is $10.30.
About Platinum Eagle Acquisition
Platinum Eagle Acquisition Corp. was a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating companies. As a blank-check company, it did not have significant independent operating activities, products or services before completing a transaction.
The company was sponsored by an affiliate of Platinum Eagle Acquisition LLC and focused on pursuing an acquisition or merger in the business services and related sectors. Its securities included units that traded under the symbol EAGLU.
In 2019, Platinum Eagle Acquisition Corp.
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