CC Neuberger Principal Holdings II (NYSE:PRPB) Stock Price Down 6.4% – Should You Sell?

CC Neuberger Principal Holdings II (NYSE:PRPBGet Free Report) shares dropped 6.4% during mid-day trading on Wednesday . The company traded as low as $2.04 and last traded at $2.06. Approximately 2,499,443 shares traded hands during trading, an increase of 413% from the average daily volume of 487,352 shares. The stock had previously closed at $2.20.

CC Neuberger Principal Holdings II Stock Performance

The stock’s 50-day moving average is $2.40 and its two-hundred day moving average is $3.08.

About CC Neuberger Principal Holdings II

(Get Free Report)

CC Neuberger Principal Holdings II 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. CC Neuberger Principal Holdings II was incorporated in 2020 and is based in New York, New York.

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