International Media Acquisition (OTCMKTS:IMAQ) Trading Up 4.3% – Here’s Why

International Media Acquisition Corp. (OTCMKTS:IMAQGet Free Report)’s stock price was up 4.3% on Thursday . The company traded as high as $10.35 and last traded at $10.35. 643 shares changed hands during trading, an increase of 260% from the average session volume of 179 shares. The stock had previously closed at $9.92.

International Media Acquisition Price Performance

The firm’s fifty day simple moving average is $10.31 and its 200-day simple moving average is $10.02.

International Media Acquisition Company Profile

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International Media Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the media and entertainment sector. International Media Acquisition Corp. was incorporated in 2021 and is based in North Brunswick, New Jersey.

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