Shares of Hudson Executive Investment Corp. (OTCMKTS:HECCU – Get Free Report) traded up 3.4% on Thursday. The company traded as high as $9.20 and last traded at $9.00. 8,700 shares were traded during mid-day trading, a decline of 80% from the average session volume of 44,486 shares. The stock had previously closed at $8.70.
Hudson Executive Investment Stock Up 3.4%
The firm’s fifty day moving average is $9.00 and its two-hundred day moving average is $9.00.
Hudson Executive Investment Company Profile
Hudson Executive Investment is a special purpose acquisition company (SPAC) established to identify and complete a merger, acquisition, or similar business combination with an operating company. Unlike an operating business, the company was not created to sell products or provide services directly to customers.
Its activities have primarily involved evaluating potential acquisition opportunities, raising capital through a public offering, and holding proceeds in trust while seeking a suitable transaction.
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