Shares of Altimeter Growth Corp. (OTCMKTS:AGCUU – Get Free Report) dropped 12.5% on Thursday . The company traded as low as $11.87 and last traded at $11.87. Approximately 150,700 shares traded hands during mid-day trading, an increase of 51% from the average daily volume of 99,899 shares. The stock had previously closed at $13.56.
Altimeter Growth Stock Down 12.5 %
The stock has a 50 day moving average of $11.87 and a two-hundred day moving average of $11.87.
About Altimeter Growth
Altimeter Growth 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 or entities. Altimeter Growth Corp. was founded in in 2020 and is based in Menlo Park, California.
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