Velocity Acquisition (OTCMKTS:VELOU) Shares Down 0.6% – Here’s What Happened

Velocity Acquisition Corp. (OTCMKTS:VELOUGet Free Report) shares were down 0.6% during mid-day trading on Friday . The company traded as low as $9.99 and last traded at $9.99. Approximately 200 shares changed hands during trading, a decline of 94% from the average daily volume of 3,102 shares. The stock had previously closed at $10.05.

Velocity Acquisition Stock Down 0.6%

The firm has a 50 day simple moving average of $9.99 and a 200 day simple moving average of $9.99.

Velocity Acquisition Company Profile

(Get Free Report)

Velocity Acquisition Corp. does not have significant operations. It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in digital transformation businesses. The company was incorporated in 2020 and is based in Ridgefield, Connecticut.

Recommended Stories

Receive News & Ratings for Velocity Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Velocity Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.