Shares of Queen’s Gambit Growth Capital (OTCMKTS:GMBTU – Get Free Report) traded down 1.5% on Wednesday . The company traded as low as $9.90 and last traded at $9.90. 1,600 shares changed hands during trading, a decline of 63% from the average daily volume of 4,280 shares. The stock had previously closed at $10.05.
Queen’s Gambit Growth Capital Price Performance
The company has a 50-day simple moving average of $9.90 and a 200-day simple moving average of $9.90.
About Queen’s Gambit Growth Capital
Queen’s Gambit Growth Capital (OTCMKTS:GMBTU) is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more target companies. As a blank check vehicle, it raises capital through an initial public offering and places funds in a trust to pursue mergers, acquisitions or similar transactions that can deliver growth and value to its shareholders.
The company focuses on partnering with businesses operating in sectors such as technology, consumer products, healthcare and business services.
Recommended Stories
- Five stocks we like better than Queen’s Gambit Growth Capital
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
- Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
- Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
Receive News & Ratings for Queen's Gambit Growth Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Queen's Gambit Growth Capital and related companies with MarketBeat.com's FREE daily email newsletter.
