Decarbonization Plus Acquisition Co. (OTCMKTS:DCRBU – Get Free Report)’s stock price shot up 0.5% during mid-day trading on Thursday. The company traded as high as $11.59 and last traded at $11.15. Approximately 4,700 shares were traded during mid-day trading, a decline of 90% from the average session volume of 45,387 shares. The stock had previously closed at $11.10.
Decarbonization Plus Acquisition Stock Performance
The firm has a 50-day moving average of $11.15 and a 200 day moving average of $11.15.
Decarbonization Plus Acquisition Company Profile
Decarbonization Plus Acquisition Corp. was a special purpose acquisition company (SPAC) established to identify and combine with a business involved in decarbonization, renewable energy, sustainable transportation, energy efficiency, or other technologies supporting the transition to a lower-carbon economy.
As a SPAC, the company did not operate manufacturing facilities or offer products and services directly. Its principal activities consisted of raising capital through a public offering, evaluating potential acquisition targets, and seeking shareholder approval for a business combination.
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