ACON S2 Acquisition Corp. (OTCMKTS:STWOU – Get Free Report) shot up 8.2% on Monday . The company traded as high as $8.58 and last traded at $8.48. 6,700 shares were traded during mid-day trading, a decline of 57% from the average session volume of 15,569 shares. The stock had previously closed at $7.84.
ACON S2 Acquisition Stock Up 8.2%
The company’s 50 day moving average price is $8.48 and its 200-day moving average price is $8.48.
About ACON S2 Acquisition
ACON S2 Acquisition Corp. is a Delaware‐incorporated special purpose acquisition company (SPAC) whose securities, including its publicly traded warrants under the ticker STWOU, are quoted on the OTC Markets. As a blank‐check vehicle, the company does not engage in commercial operations of its own but was formed to raise capital through an initial public offering with the express purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
The company is sponsored by a team affiliated with ACON Investments, LLC, a private equity firm with a long‐standing record of investments across the consumer, industrial and financial services sectors.
Recommended Stories
- Five stocks we like better than ACON S2 Acquisition
- Do not delete, read immediately
- INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- Can Any Expenses Be Deducted From Capital Gains Tax?
- The Last Gold Bull Market
Receive News & Ratings for ACON S2 Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ACON S2 Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
