ACON S2 Acquisition Corp. (OTCMKTS:STWOU – Get Free Report) shares shot up 8.2% on Wednesday . The company traded as high as $8.58 and last traded at $8.48. 6,700 shares traded hands during mid-day trading, a decline of 57% from the average session volume of 15,569 shares. The stock had previously closed at $7.84.
ACON S2 Acquisition Stock Performance
The firm’s 50-day simple moving average is $8.48 and its 200-day simple moving average is $8.48.
About ACON S2 Acquisition
ACON S2 Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Washington, District of Columbia.
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