10X Capital Venture Acquisition (OTCMKTS:VCVCU) Stock Price Up 1.4% – Here’s Why

10X Capital Venture Acquisition Corp (OTCMKTS:VCVCU) was up 1.4% during mid-day trading on Tuesday . The stock traded as high as $11.15 and last traded at $11.15. Approximately 4,300 shares were traded during trading, a decline of 95% from the average daily volume of 83,573 shares. The stock had previously closed at $11.00.

10X Capital Venture Acquisition Price Performance

The stock has a fifty day simple moving average of $11.15 and a two-hundred day simple moving average of $11.15.

10X Capital Venture Acquisition Company Profile

10X Capital Venture Acquisition (OTCMKTS: VCVCU) is a special purpose acquisition company (SPAC) incorporated in Delaware, formed to pursue a merger, capital stock exchange, asset acquisition or similar business combination with one or more operating businesses. The company’s mission is to identify and partner with high‐growth enterprises in the technology, fintech and digital asset sectors, leveraging its sponsors’ deep industry connections and transaction expertise.

The SPAC was launched by 10X Capital Partners, a New York–based venture capital firm with a focus on emerging payment technologies, blockchain solutions and financial services innovation.