Shares of Andretti Acquisition Corp. II (NASDAQ:POLEU – Get Free Report) fell 0.3% during trading on Monday . The company traded as low as $10.83 and last traded at $10.80. 370 shares were traded during mid-day trading, a decline of 55% from the average session volume of 821 shares. The stock had previously closed at $10.83.
Andretti Acquisition Corp. II Trading Down 0.3%
The firm’s fifty day moving average is $11.46 and its 200-day moving average is $11.36.
About Andretti Acquisition Corp. II
Andretti Acquisition Corp. II is a special purpose acquisition company (SPAC) incorporated in Delaware and listed on the Nasdaq under the ticker POLEU. The firm was formed with the purpose of identifying and consummating a business combination with one or more operating businesses, primarily within the automotive, mobility, motorsports and related technology sectors. As a blank-check company, Andretti Acquisition Corp. II seeks to leverage public market capital to partner with growth-oriented enterprises that can benefit from the Andretti Global brand and expertise in performance engineering and racing innovation.
The SPAC is sponsored by Andretti Global, the parent company of the Andretti racing organization founded by three-time IndyCar champion Mario Andretti and now led by his son, Michael Andretti, who serves as Executive Chairman.
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