HCM Acquisition (NASDAQ:HCMA) Stock Price Down 3.4% – Here’s Why

Shares of HCM Acquisition Corp (NASDAQ:HCMAGet Free Report) were down 3.4% on Tuesday . The stock traded as low as $7.71 and last traded at $7.92. Approximately 5,608 shares were traded during trading, a decline of 92% from the average daily volume of 68,548 shares. The stock had previously closed at $8.20.

HCM Acquisition Trading Down 3.4%

The firm has a 50-day moving average of $9.59 and a two-hundred day moving average of $10.21.

About HCM Acquisition

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HCM Acquisition Corp does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. HCM Acquisition Corp was incorporated in 2021 and is based in Stamford, Connecticut.

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