10X Capital Venture Acquisition Corp (OTCMKTS:VCVCU – Get Free Report) shot up 1.4% during trading on Thursday. The stock traded as high as $11.15 and last traded at $11.15. 4,300 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 83,573 shares. The stock had previously closed at $11.00.
10X Capital Venture Acquisition Trading Up 1.4%
The firm’s 50 day moving average is $11.15 and its two-hundred day moving average is $11.15.
About 10X Capital Venture Acquisition
10X Capital Venture Acquisition Corp. was a special purpose acquisition company (SPAC) formed to identify and combine with a business in the technology, media, telecommunications, and related sectors. Rather than operating a conventional business or selling products directly, the company raised capital through its public offering for the purpose of completing a merger, acquisition, or similar business combination.
The company was sponsored by 10X Capital, an investment platform led by Hans Thomas.
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