Deerfield Healthcare Technology Acquisitions (OTCMKTS:DFHTU) Stock Price Down 2.2% – Here’s Why

Deerfield Healthcare Technology Acquisitions Corp. (OTCMKTS:DFHTUGet Free Report) shares were down 2.2% on Tuesday . The stock traded as low as $15.56 and last traded at $15.65. Approximately 600 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 9,052 shares. The stock had previously closed at $16.00.

Deerfield Healthcare Technology Acquisitions Price Performance

The firm’s 50-day moving average price is $15.65 and its 200-day moving average price is $15.65.

About Deerfield Healthcare Technology Acquisitions

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Deerfield Healthcare Technology Acquisitions Corp. is a Delaware‐incorporated special purpose acquisition company (SPAC) formed to pursue a merger, share exchange, asset acquisition or similar business combination with one or more businesses in the healthcare technology sector. As a blank-check company, it does not generate operating revenues and holds proceeds from its initial public offering in a trust account until it completes a qualifying business combination.

The company is sponsored by Deerfield Management Company, a healthcare investment firm with extensive experience in life sciences and medical technology.

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