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

Velocity Acquisition Corp. (OTCMKTS:VELOUGet Free Report)’s share price traded down 0.6% during trading on Thursday . The stock 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 Price Performance

The stock has a 50 day moving average price of $9.99 and a two-hundred day moving average price of $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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