Quetta Acquisition Co. (NASDAQ:QETAU – Get Free Report)’s stock price was down 0.5% during mid-day trading on Monday . The stock traded as low as $11.44 and last traded at $11.4420. Approximately 3,661 shares were traded during trading, an increase of 19% from the average daily volume of 3,069 shares. The stock had previously closed at $11.50.
Quetta Acquisition Stock Down 0.5%
The stock has a fifty day moving average of $11.86 and a 200 day moving average of $11.48.
Quetta Acquisition Company Profile
Quetta Acquisition (NASDAQ:QETAU) is a special purpose acquisition company (SPAC) incorporated in Delaware for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. As a blank-check vehicle, the company itself does not operate any business but seeks to identify and combine with one or more target companies that meet its investment criteria.
Since its formation, Quetta Acquisition has focused on raising capital through an initial public offering and holding those proceeds in a trust account while it evaluates potential business combination opportunities.
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