Velocity Acquisition Corp. (OTCMKTS:VELOU – Get Free Report)’s share price dropped 0.6% on Thursday . The stock traded as low as $9.99 and last traded at $9.99. Approximately 200 shares changed hands during trading, a decline of 94% from the average daily volume of 3,102 shares. The stock had previously closed at $10.05.
Velocity Acquisition Price Performance
The firm’s 50-day moving average is $9.99 and its 200-day moving average is $9.99.
Velocity Acquisition Company Profile
Velocity Acquisition Corp. does not have significant operations. It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in digital transformation businesses. The company was incorporated in 2020 and is based in Ridgefield, Connecticut.
Further Reading
- Five stocks we like better than Velocity Acquisition
- Why Are These Companies Considered Blue Chips?
- Microsoft Can Hit New All-Time Highs This Year – Here’s Why
- Consumer Discretionary Stocks Explained
- Zillow Stock’s Bull Case: Why This Recent Sell-Off Could Be a Buy
- What is the S&P 500 and How It is Distinct from Other Indexes
- IonQ’s Quantum Surge: Ride the Wave or Cash Out?
Receive News & Ratings for Velocity Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Velocity Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
-inc-logo-1200x675.jpg?v=20240515130629&h=45&w=95&zc=2){kind=logo}
