Shares of Vistas Media Acquisition Company Inc. (OTCMKTS:VMACU – Get Free Report) were up 11.9% during trading on Monday . The stock traded as high as $14.72 and last traded at $10.69. 20,200 shares traded hands during trading, an increase of 392% from the average daily volume of 4,108 shares. The stock had previously closed at $9.55.
Vistas Media Acquisition Stock Up 11.9%
The stock’s fifty day simple moving average is $10.69 and its two-hundred day simple moving average is $10.69.
About Vistas Media Acquisition
Vistas Media Acquisition Company is a special-purpose acquisition company (SPAC) formed to facilitate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in the media, entertainment, technology, education and communications sectors. Incorporated in Delaware, the company conducted an initial public offering of units in 2021 and is traded under the symbol VMACU on the OTC Markets. As a blank-check vehicle, Vistas Media Acquisition Company holds the proceeds from its IPO in a trust account while seeking suitable targets for combination.
The company’s stated strategy is to identify and partner with growth-oriented enterprises that can benefit from Vistas Media’s operational and financial expertise.
Further Reading
- Five stocks we like better than Vistas Media 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 Vistas Media Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vistas Media Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
