Velocity Acquisition (OTCMKTS:VELOU) Trading Down 0.6% – Time to Sell?

Velocity Acquisition Corp. (OTCMKTS:VELOUGet Free Report) traded down 0.6% during mid-day trading on Thursday . The company traded as low as $9.99 and last traded at $9.99. 200 shares traded 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 firm’s fifty day moving average price is $9.99 and its two-hundred day moving average price is $9.99.

About Velocity Acquisition

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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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