Marquee Raine Acquisition Corp. (OTCMKTS:MRACU – Get Free Report)’s stock price was up 3% during mid-day trading on Tuesday . The company traded as high as $11.14 and last traded at $11.14. Approximately 800 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 48,791 shares. The stock had previously closed at $10.82.
Marquee Raine Acquisition Price Performance
The stock has a fifty day moving average price of $11.14 and a 200-day moving average price of $11.14.
Marquee Raine Acquisition Company Profile
Marquee Raine Acquisition Corp is a Delaware‐incorporated special purpose acquisition company (SPAC) formed to raise capital through an initial public offering and to acquire or merge with an existing business. The company’s primary objective is to identify and complete a business combination in sectors where it sees strong growth potential, with an emphasis on media, entertainment, sports and digital commerce.
As a blank‐check vehicle, Marquee Raine Acquisition does not conduct operating activities of its own.
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