Altimeter Growth Corp. (NASDAQ:AGC) saw an uptick in trading volume on Thursday . 248,484 shares were traded during trading, a decline of 74% from the previous session’s volume of 954,879 shares.The stock last traded at $10.70 and had previously closed at $10.09.
Separately, New Street Research assumed coverage on shares of Altimeter Growth in a report on Friday, October 1st. They issued a “buy” rating and a $13.00 price target on the stock.
The firm’s fifty day simple moving average is $10.41 and its 200 day simple moving average is $11.37.
Altimeter Growth Company Profile (NASDAQ:AGC)
Altimeter Growth Corp. 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 or entities. Altimeter Growth Corp. was founded in in 2020 and is based in Menlo Park, California.
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