D. Boral ARC Acquisition I Corp. (NASDAQ:BCARW – Get Free Report)’s stock price shot up 12.5% on Thursday . The stock traded as high as $0.58 and last traded at $0.53. 96,382 shares changed hands during trading, a decline of 57% from the average daily volume of 222,648 shares. The stock had previously closed at $0.4710.
D. Boral ARC Acquisition I Price Performance
The business has a 50 day moving average of $1.43 and a 200 day moving average of $1.17.
About D. Boral ARC Acquisition I
D. Boral ARC Acquisition I (NASDAQ: BCARW) is a special purpose acquisition company (SPAC), commonly called a blank‑check company. Its principal business purpose is to raise capital from public markets and use those funds, typically held in a trust account, to effect a merger, share exchange, asset acquisition, reorganization or similar business combination with one or more operating businesses.
As a SPAC, D. Boral ARC Acquisition I does not operate an active commercial business or offer products or services prior to completing a business combination.
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