XPAC Acquisition (NASDAQ:XPAXU) Shares Down 33.9%

XPAC Acquisition Corp. (NASDAQ:XPAXUGet Free Report) shares traded down 33.9% on Thursday . The company traded as low as $7.53 and last traded at $7.53. 288 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 31,712 shares. The stock had previously closed at $11.39.

XPAC Acquisition Stock Down 33.9 %

The firm’s 50 day simple moving average is $11.10 and its 200-day simple moving average is $10.85.

About XPAC Acquisition

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XPAC Acquisition Corp. does not have significant operations. It intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses in Brazil. The company was incorporated in 2021 and is based in New York, New York.

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