Marquee Raine Acquisition (OTCMKTS:MRACU) Shares Up 3% – Still a Buy?

Marquee Raine Acquisition Corp. (OTCMKTS:MRACUGet Free Report)’s stock price shot up 3% on Wednesday . The stock traded as high as $11.14 and last traded at $11.14. 800 shares were traded during trading, a decline of 98% from the average session volume of 48,791 shares. The stock had previously closed at $10.82.

Marquee Raine Acquisition Stock Up 3.0%

The firm has a fifty day moving average price of $11.14 and a 200 day moving average price of $11.14.

Marquee Raine Acquisition Company Profile

(Get Free Report)

Marquee Raine Acquisition Corp is a Delaware‐incorporated special purpose acquisition company (SPAC) formed to raise capital through an initial public offering and to acquire or merge with an existing business. The company’s primary objective is to identify and complete a business combination in sectors where it sees strong growth potential, with an emphasis on media, entertainment, sports and digital commerce.

As a blank‐check vehicle, Marquee Raine Acquisition does not conduct operating activities of its own.

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