Tortoise Acquisition Corp. (NASDAQ:SHLL)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $29.89, but opened at $24.57. Tortoise Acquisition shares last traded at $30.79, with a volume of 853,482 shares traded.
The company has a fifty day moving average of $12.18 and a 200-day moving average of $10.51.
In other Tortoise Acquisition news, major shareholder Polar Asset Management Partner sold 1,550,000 shares of the stock in a transaction on Friday, June 19th. The shares were sold at an average price of $13.84, for a total transaction of $21,452,000.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
About Tortoise Acquisition (NASDAQ:SHLL)
Tortoise Acquisition Corp. intends to acquire assets and businesses through a merger, capital stock exchange, stock purchase, reorganization, or business combination. The company was founded in 2018 and is based in Leawood, Kansas.
Further Reading: What is the Book Value of a Share?
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