Monument Circle Acquisition Corp. (OTCMKTS:MONCU – Get Free Report) shares dropped 0.3% on Thursday . The company traded as low as $10.04 and last traded at $10.05. Approximately 1,400 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 6,293 shares. The stock had previously closed at $10.08.
Monument Circle Acquisition Stock Performance
The business has a 50 day moving average price of $10.05 and a 200-day moving average price of $10.05.
Monument Circle Acquisition Company Profile
Monument Circle Acquisition (OTCMKTS: MONCU) is a special purpose acquisition company sponsored by Monument Circle Capital, an Indianapolis-based merchant bank. Established in early 2021, the firm raises capital through an initial public offering to identify and complete business combinations with private companies. Trading on the OTC Markets, MONCU provides investors with the opportunity to participate in a blank-check vehicle targeting North American businesses.
The company’s primary business activity is to seek and merge with one or more operating companies, leveraging the sponsor’s expertise to deliver value creation through strategic and financial guidance.
See Also
- Five stocks we like better than Monument Circle Acquisition
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
- Nvidia CEO Issues Bold Tesla Call
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
Receive News & Ratings for Monument Circle Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monument Circle Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
