Shares of GP-Act III Acquisition Corp. (NASDAQ:GPATU – Get Free Report) crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $11.04 and traded as high as $11.07. GP-Act III Acquisition shares last traded at $11.0610, with a volume of 8,658 shares trading hands.
GP-Act III Acquisition Price Performance
The stock’s 50-day simple moving average is $11.04 and its 200 day simple moving average is $10.95.
About GP-Act III Acquisition
GP-Act III Acquisition Corp. is a special purpose acquisition company, or SPAC. It was formed to pursue a merger, share exchange, asset acquisition, reorganization or similar business combination with one or more businesses.
As a blank-check company, GP-Act III does not have an established operating business or its own range of products and services. Its activities center on identifying and completing a business combination.
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