Velocity Acquisition (OTCMKTS:VELOU) Shares Down 0.6% – Should You Sell?

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

Velocity Acquisition Trading Down 0.6 %

The stock’s fifty day simple moving average is $9.99 and its two-hundred day simple moving average is $9.99.

Velocity Acquisition Company Profile

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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.

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