Revolution Acceleration Acquisition Corp (OTCMKTS:RAACU – Get Free Report)’s stock price shot up 5.5% on Thursday. The company traded as high as $9.99 and last traded at $9.91. 1,300 shares were traded during trading, a decline of 99% from the average daily volume of 102,092 shares. The stock had previously closed at $9.39.
Revolution Acceleration Acquisition Stock Up 5.5%
The firm’s 50 day simple moving average is $9.91 and its two-hundred day simple moving average is $9.91.
About Revolution Acceleration Acquisition
Revolution Acceleration Acquisition Corp. was a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. Unlike a traditional business, it did not offer products or services of its own while seeking a merger target.
The company entered into a business combination with Berkshire Grey, a developer of artificial-intelligence-enabled robotic systems and software for automating order fulfillment, warehouse operations and distribution.
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