Hennessy Capital Investment Corp. VII (NASDAQ:HVIIU) Stock Price Down 0.7% – Here’s What Happened

Hennessy Capital Investment Corp. VII (NASDAQ:HVIIUGet Free Report) shares were down 0.7% on Thursday . The company traded as low as $10.61 and last traded at $10.61. Approximately 100 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 12,641 shares. The stock had previously closed at $10.69.

Hennessy Capital Investment Corp. VII Trading Down 0.7%

The stock has a 50-day simple moving average of $10.73 and a 200 day simple moving average of $10.66.

Hennessy Capital Investment Corp. VII Company Profile

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Hennessy Capital Investment Corp. VII is a special purpose acquisition company formed to identify and complete a business combination with a target company. Organized as a Cayman Islands exempted company, it raises capital through an initial public offering to pursue mergers, stock purchases, asset acquisitions and similar transactions.

Sponsored by Hennessy Capital Partners, an affiliate investment firm with expertise in building growth businesses, the SPAC focuses on sectors such as technology, consumer goods, financial services and business services.

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