Duddell Street Acquisition (OTCMKTS:DSACU) Trading Up 0.2% – Here’s What Happened
by Teresa Graham · The Cerbat GemShares of Duddell Street Acquisition Corp. (OTCMKTS:DSACU – Get Free Report) shot up 0.2% during mid-day trading on Wednesday . The company traded as high as $10.30 and last traded at $10.30. Approximately 22,221 shares were traded during trading, a decline of 22% from the average session volume of 28,509 shares. The stock had previously closed at $10.28.
Duddell Street Acquisition Stock Up 0.2%
The stock has a fifty day moving average of $10.22 and a 200 day moving average of $10.12.
About Duddell Street Acquisition
Duddell Street Acquisition Corp (OTCMKTS: DSACU) is a Cayman Islands–incorporated special purpose acquisition company formed in November 2020. As a blank check vehicle, it raises capital through an initial public offering and holds proceeds in a secure trust account until it completes a qualifying business combination. The company’s units, each comprised of one share of common stock and a fraction of a warrant, trade on the OTC market under the ticker DSACU.
The primary objective of Duddell Street Acquisition is to identify and merge with one or more target businesses, with a particular emphasis on high-growth sectors across Asia.