Blue Water Acquisition Corp. III (NASDAQ:BLUWW – Get Free Report) shares rose 3.8% during mid-day trading on Tuesday . The stock traded as high as $0.3350 and last traded at $0.3114. 7,970 shares traded hands during mid-day trading, a decline of 13% from the average daily volume of 9,192 shares. The stock had previously closed at $0.3001.
Blue Water Acquisition Corp. III Price Performance
The business’s fifty day moving average is $0.38 and its 200-day moving average is $0.43.
Blue Water Acquisition Corp. III Company Profile
Blue Water Acquisition Corp. III is a special purpose acquisition company (SPAC) organized to effect a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company is publicly listed on the Nasdaq exchange under the symbol BLUWW. As a blank-check vehicle, it does not operate an ongoing commercial business of its own but raises capital in public markets to pursue acquisition opportunities.
Like most SPACs, Blue Water Acquisition Corp.
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