Swiftmerge Acquisition (NASDAQ:IVCPU) Shares Down 1.3% – Here’s Why

Swiftmerge Acquisition Corp. (NASDAQ:IVCPUGet Free Report) fell 1.3% on Friday . The stock traded as low as $9.01 and last traded at $9.20. 14,700 shares traded hands during trading, an increase of 253% from the average session volume of 4,168 shares. The stock had previously closed at $9.32.

Swiftmerge Acquisition Price Performance

The stock has a 50-day simple moving average of $10.56 and a 200-day simple moving average of $10.86.

About Swiftmerge Acquisition

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Swiftmerge Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in West Vancouver, Canada.

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