Shares of Colonnade Acquisition Corp. (NYSE:CLA) rose 6% on Wednesday . The stock traded as high as $14.40 and last traded at $14.15. Approximately 1,376,712 shares were traded during mid-day trading, an increase of 2% from the average daily volume of 1,350,451 shares. The stock had previously closed at $13.35.

The company has a fifty day simple moving average of $11.85.

Colonnade Acquisition Company Profile (NYSE:CLA)

Colonnade Acquisition Corp. is a blank check company that acquires assets and businesses through a merger, share exchange, share purchase, reorganization, and similar business combination. The company was founded in 2020 and is based in West Palm Beach, Florida

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