South Mountain Merger (OTCMKTS:SMMCU) Shares Up 1.3% – Here’s Why

South Mountain Merger Corp. (OTCMKTS:SMMCUGet Free Report) was up 1.3% during mid-day trading on Wednesday . The company traded as high as $19.69 and last traded at $19.69. Approximately 300 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 2,460 shares. The stock had previously closed at $19.44.

South Mountain Merger Stock Up 1.3 %

The firm has a 50 day moving average of $19.69 and a 200-day moving average of $19.69.

About South Mountain Merger

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South Mountain Merger Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2019 and is based in New York, New York.

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