Tiga Acquisition (NYSE:TINV) Shares Up 0.2% – Here’s What Happened

Tiga Acquisition Corp. (NYSE:TINV)’s stock price traded up 0.2% on Tuesday . The stock traded as high as $12.0450 and last traded at $11.97. 1,338,011 shares traded hands during trading, an increase of 1,163% from the average session volume of 105,946 shares. The stock had previously closed at $11.95.

Tiga Acquisition Stock Up 0.2%

The business’s fifty day moving average is $13.16 and its 200 day moving average is $14.85.

Tiga Acquisition Company Profile

Tiga Acquisition Corporation (NYSE: TINV) is a Delaware‐incorporated special purpose acquisition company (SPAC) formed to raise capital through an initial public offering for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a blank‐check vehicle, Tiga Acquisition does not engage in traditional operating activities and maintains its cash in an interest‐bearing trust account until it identifies a suitable target.

The company’s management team brings together professionals with backgrounds in investment banking, private equity and corporate strategy to source and evaluate prospective merger candidates.