Seaport Global Acquisition (OTCMKTS:SGAMU) Trading Down 27.9% – Here’s Why

Seaport Global Acquisition Corp. (OTCMKTS:SGAMUGet Free Report) shares traded down 27.9% during mid-day trading on Monday . The company traded as low as $10.45 and last traded at $10.45. 7,500 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 10,424 shares. The stock had previously closed at $14.50.

Seaport Global Acquisition Stock Down 27.9 %

The business has a 50 day simple moving average of $10.45 and a 200-day simple moving average of $10.45.

About Seaport Global Acquisition

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Seaport Global Acquisition Corp. does not have significant operations. It focuses on effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

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