DiamondPeak Holdings Corp. (OTCMKTS:DPHCU – Get Free Report)’s share price dropped 13.7% on Thursday . The company traded as low as $19.76 and last traded at $20.45. Approximately 65,400 shares were traded during trading, an increase of 32% from the average daily volume of 49,678 shares. The stock had previously closed at $23.69.
DiamondPeak Stock Performance
The stock’s 50-day moving average price is $20.45 and its two-hundred day moving average price is $20.45.
DiamondPeak Company Profile
DiamondPeak Holdings Corp. is a special purpose acquisition company formed to raise capital through an initial public offering and pursue merger, capital stock purchase, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Trading on the OTC Markets under the ticker DPHCU, DiamondPeak offers units comprised of one Class A ordinary share and one-half of a redeemable warrant.
As a blank-check company, DiamondPeak does not maintain traditional business operations.
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