Maxpro Capital Acquisition (NASDAQ:JMAC) Shares Up 10.6% – Should You Buy?

Maxpro Capital Acquisition Corp. (NASDAQ:JMACGet Free Report)’s stock price rose 10.6% during trading on Tuesday . The stock traded as high as $18.50 and last traded at $18.49. Approximately 26,931 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 74,040 shares. The stock had previously closed at $16.7250.

Maxpro Capital Acquisition Stock Performance

The business’s 50 day moving average price is $18.81 and its 200-day moving average price is $12.19.

Maxpro Capital Acquisition Company Profile

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Maxpro Capital Acquisition Corp. is a Delaware‐incorporated special purpose acquisition company (SPAC) that completed its initial public offering in 2021. The company has no ongoing business operations of its own; instead, it holds the proceeds from its IPO in a trust account and is focused on identifying and completing a business combination with one or more target companies.

Through its blank check structure, Maxpro Capital Acquisition seeks to partner with businesses in sectors such as technology, healthcare, industrials and business services.

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